Idea Of The Day Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MonsieurGonzo who wrote (14000)	11/11/1997 6:11:00 PM
From: Judy	Read Replies (1) of 50167

Hi, Steve Will respond to your post yesterday when I've a bit more time. But as for the hits the techs took today, keep in mind a few things. Today is a holiday, and trading volume was light so it does not take much to move a stock, especially thin float stocks. Second to some degree what you are seeing is due to clearing of hedge positions, fun and games of options expiry. On LU, examine the intraday chart and see if the break from 80 was on light volume. If it closed below its 50-day mav today, technical selling will continue, but watch the volume. btw, I have not done a print out of stocks yet and have no idea of their closing values.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next