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Technology Stocks : Kulicke and Soffa
KLIC 57.55-2.7%Jan 16 9:30 AM EST

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To: bsl113 who wrote (2639)2/17/1998 10:46:00 PM
From: DZOO  Read Replies (1) of 5482
 
Alot of people "square" their positions ahead of long weekends then buy back the first chance they get. That way if any bad news comes out over the weekend they don't get slammed. Hence the up morning. I can think of several reasons for the afternoon weakness ie. Clinton remarks on Iran, Asian flu, options expiration etc. etc.
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