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Technology Stocks : 3DFX
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To: davep who wrote (2348)4/22/1998 1:35:00 PM
From: Ralph Bergmann  Read Replies (1) of 16960
 
Ok, I was wrong yesterday but only in the respect that I underestimated the downward strength. I still think that the move is mainly induced by crossing two stop loss limits at 32$ and 30$. Now the fear is on and nobody dares to buy because of the uncertainty of "pending" news. I think without news the risk of a further downward movement is practically zero. But of course if I were wright all the time I would not sit here and instead would lie in the sun on Hawaii for the rest of my life.

Regards Ralph
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