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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: Doo who wrote (1332)4/16/1998 8:37:00 PM
From: kimberley  Read Replies (2) of 3183
 
Jeffry, Lisa... moneyflow was positive for today. avg. trade is over $50k. if you want to analyze whether today was abnormal with respect to block movement, you'll have to look at the % of block trades and compare that to the avg. % block trades for about the last 3 months. I've got the info but I'm not inclined to sit up all night figuring it, and I don't think it will forecast tomorrows movement anyway. The stock is trading down afterhours, but still up from yesterdays close, so it's hard to make any judgement from that. People who shorted near the high tomorrow should be able to cover at a profit... I don't know how longs will fare, but surely not that many people came in and bought their first shares at 90+, so hopefully if anyone takes a long loss, they will have previous gains to offset it. On the other hand, it could go to 100 tomorrow. Who knows? Good trading, everyone.

best,
kim
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