SI
SI
discoversearch

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.
Technology Stocks : Network Solutions (NSOL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RocketMan who wrote (590)3/25/1999 7:14:00 PM
From: KM  Read Replies (1) of 1377
 
That's what they want you to do. FWIW, here's a take, technically.

Support at 99-100. They tried like hell to break that today, failed so far. Interesting timing of the "strong sell" with the stock very near support. If the support holds, a reasonable retracement would take it back up to 130ish. At that point, evaluate or use a trailing stop. If support breaks, bail.

That's what I'm doing. I have a small position deep deep under water but I'll be damned if I'll sell at the bottom.

BTW, I suspect that this new [potential] short position was leaked the other day when the cascade down happened. I was watching on level 2 and you literally could not get out unless you were willing to sell below the bid. It looked like one of those limit moves in sugar futures.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News