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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (43955)5/27/1998 2:49:00 PM
From: Stoctrash  Read Replies (2) of 58727
 
I think you're right intraday....bigger picture I don't see much of an upside move, considering key daily support seems to be snapped.

We're getting oversold on the ST so a bounce could be in the cards, I presume a muted one. Why? cause BIG money shifters/allocaters I'm sure will be taking notice here...for instance I talked to a guy who has $400M under wraps today, he says been selling for a few days, selling more in the coming days as he shifts to higher ground.
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