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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Slapshot who wrote (19865)12/23/1998 2:20:00 PM
From: Eleder2020  Read Replies (1) of 29386
 
Happy holidays to all as ANCR charts looks like its going to hit the sweet spot. MY SPECULATIVE guess is that we will close somewhere in the 3.60 to $3.75 range one of these fine days very soon, possibly late next week. Looking at the BB's and 200 DMA(Lower BB and 200 DMA are about to touch) I'd guess that this would be a signal to buy (or sell:I'm buying). I expect we are in for another excellent size move shortly when we touch both these lines.I think when this happens the traders will be back on Ancor and all over it again.Just MHO.
Enjoy the Holidays, Ed
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