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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Judy who wrote (9662)5/26/1998 1:27:00 PM
From: AlienTech  Read Replies (2) of 120523
 
RE: SYMC
I looked at the time/sales and it looks like some major fund is getting out. So this might be a buying opertunity if they got out when their price target was reached or not. Also all the day traders start shorting it when they see a price drop and weakness so a lot of it could be due to that. I am watching PMCS here as well, broke 50dma now, and JBL seems to have strong support at 35 1/4 or at least I saw block buys at that point. And Goldman sacks and Merryl lynch both needs to loose their shorts. They exagerate any stock moments and seens to be very active in any stock I watch always shorting when they see weakness and then cover lower. Goldman's covering at 24 3/8.

APM short covering around 5.. WHY???
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