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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (9158)7/7/1998 12:03:00 AM
From: Elvis Jones  Read Replies (1) of 26039
 
They probably knew the court date was upcoming and bought into what David painted to us clearly, DBII would probably lose the appeal.

Now to state the technically obvious...

I posted in reply exchange2000.com that we were in a downtrend. Well folks, we're still in that same downtrend. And we're back testing the resistance line ($6-13/16). If we can't break it... we could be back retesting lows.

Also, there are 721 call options opened versus 10 put contracts. Is that bearish???

I just love being skeptical...NOT!

Happily Long IDX,
Duke
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