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Technology Stocks : Pixar Animation
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To: Francois H. Gaston who wrote (2040)12/26/1998 1:30:00 PM
From: Stephen  Read Replies (1) of 3261
 
Francois, there was a lot of short covering on Thursday for what I consider 'weak' stocks with large short positions. Currently, I consider Pixr in this category. Just a word of caution as there may well not be follow-through. The other possibility is for the pro-shorters to let it run-up unopposed Monday morning, before stepping in again, Monday p.m.

Conversely, I agree that the TA is looking much better.

JMHO .... and, as I said, only a cautionary word.

Good luck

Stephen
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