Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: Mama Bear who wrote (4243)	1/18/1998 12:14:00 AM
From: David Pawlak	Read Replies (2) of 10479

I think the question being asked is whether or not your daytrading in FIBR has been more profitable since you got your Level II access hooked up (about 1 month ago now?) vs. a buy and hold strategy since then. I seem to recall you saying around Jan 5 that you sold a bunch at 2 17/32 (just before the big run) and again at 3 7/8 (where you said you would short if you could) just before the run to 4 15/32. Then you correctly called a pullback but you were waiting for a dip all the way down to the 2 15/16 level (which it never achieved). I must admit, I have considered trading in and out of it over the last 2 weeks, but my day trading thoughts have underestimated the strength every single time (very good sign to me), and I've been glad every time that I haven't given in to the temptation of flipping for a quick buck. To me the this volume is making a clear statement to me that some very serious, deep pocketed players are getting involved.... the kind that do serious due dilligence and don't get scared off easily by rediculous short plants. Every time a wall is put up, it is broken down with intensity.

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