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Technology Stocks : CDRD (CD Radio)

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To: Dale Baker who wrote (544)	1/8/1998 4:15:00 PM
From: Candle stick	Read Replies (1) of 904

New closing LOW at 14 1/8 today....there is minor support here on the charts, but quite frankly given the horrible close today it may crack it right tomorrow. If so, you could see a dramatic drop to 10-11 area right away. I believe that there will be some stop loss orders triggered below 14, and the gap at 8 1/2-11 is beckoning! I covered 1/3 my short today at 14 1/4 just in case it bounces a point or so first. I was very short and now my average is way up in the 20's, so I am comfortable to wait for single digits on the rest. Congrats on hanging in there Dale......................;^)

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