RRRR - ICC Technologies/Rare Medium Message Board

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Technology Stocks : RRRR - ICC Technologies/Rare Medium

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To: purecntry5 who wrote (758)	5/7/1998 4:13:00 PM
From: Musya	Read Replies (1) of 954

I don't think jobs report will influence this stock too much. ICGN is up today 13/32 on almost 2mil shares. The pullback was expected due to heavy resistance at and around 6, and due to many day traders jumping in on the news. There also was some shorting at the obvious resistance level, and I think most of it got covered by the end of the day. It is possible that we get continuation tomorrow, since today only active traders/investors saw the news that came out during market. The stock may get some overnight buy orders in, from more long-term investors who do not have opportunity to trade during the working day. Musya

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