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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: Amy2D who wrote (1883)1/1/1999 10:01:00 PM
From: Mark[ox5]  Read Replies (2) of 5102
 
Amy it really will be interesting. What will determine what happens MOnday and Tuesday is how many buy orders are waiting at lower levels when the MMs try to bring down the price to shake out the weak. If there is a steady inflow of limit buy orders at the 17,18,19 level waiting for the MMs they will have no choice but to keep the price going up.

Also, for later in the week since a lot of people bought at the $16,$17 level it will be interesting IF/WHEN DBCC hits $32 or $34 because that will be a double for a lot of people.. do they take the profits at 100% or not? ;)

As for the internUT market.. I see a lot of bullish things for the next 2 weeks
1) AOL moves to SP500
2) AMZN splits Monday
3) YHOO reports earnings I believe end of this week or beginning of next week
4) First reports of Christmas sales by e-tailors which I expect to surprise a lot of people

So the backdrop should be relatively healthy.

Either way it should be fun hehe

Mark
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