The 56 Point TA; Charts With an Attitude Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lawrence Burg who wrote (25828)	1/25/1999 4:16:00 PM
From: ivan solotaroff	Read Replies (1) of 79296

ABTX Lawrence, My guess is that strong finish for ABTX was simply the day-traders covering shorts at the last second. A lot of these guys are now given 800% leverage, but have to be 100% cash by the end of the day. Normally, that lip-up is an indication of a strong open the following day, but with a stock trading 10m, there's really no way of knowing what's what. The fact that it bolted up on less than 200k shares is, IMHO, a negative sign: It means that longer-term players are still negative. Ivan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next