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Non-Tech : Trading IOMEGA based on technical analysis
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To: fut_trade who wrote (1265)12/13/1997 1:46:00 PM
From: E. Graphs  Read Replies (2) of 1511
 
Peter,

Where do you think you'll get IOM at its lowest price given this Asian disease and options expire? My charts say 25 (and lower intraday)if we can squeeze every last dime out of the fear, but 26 is good enough for a point of support on the long-term trend. IMHO breaking 30 signaled this dip, but the stock still has room to show weakness and retain strength. We need a healthy dose of positive volume soon.

fast.quote.com

**OT** Did you survive EGLS? Talk about lousy timing! Good luck back in IOM. Hope you aren't a jinx! <g>

E
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