IATV-ACTV Digital Convergence Software-HyperTV Message Board

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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: art slott who wrote (1596)	4/9/1999 2:07:00 PM
From: Ron Harvey	Read Replies (1) of 13157

Shorts as of last month: a minuscule third of a mil. I know there are day-trading shorts, but they sure aren't risking holding over night. Shorters are generally too sophisticated to jump in front of speeding trains. Volatility will continue to stymie reading significance into very short-term movements. Keep your eye on the trend and volume, both of which are sparkling like July 4th. I really expected a retrenchment to the 15's today then a period of consolidation and then another strong move up next week or the week after. I didn't even check the stock price the first hour (unusual restraint for me; my wife didn't believe it) because I figured that's when people's fear would make for ugly selling. How nice that my first quote of the day was in the 17's. If the stock closes in the 18's or better, I think that the weekend will generate mucho interest and lead to a big opening on Monday (unless it's St. Swithin's Day or something and the market is closed).

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