C-Cube Message Board - Msg: 883656

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Technology Stocks : C-Cube

CUBE 37.68

+1.7%

Jan 9 9:30 AM EST

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To: DiViT who wrote (10550)	2/25/1997 9:43:00 PM
From: John Rieman	of 50808

Very good. We also have a lot of share holders who don't know why they keep loosing money. What happened today looked like all the panic buying dried up after an hour or so. The first little pull back was profit taking. When the buying dries up, and your short in the futures market, you sell some more. After a big rise, that can cause a lot of selling. After the bigger pull back, all those investors who were scared to death last week say,"Oh NO NOT Again!" " I only loose money in this stock" Some will sell, others are too afraid to act.( they sell later, either higher or lower, depending on the stock.) Charts only reflect the mass psychi of the share holders. We sould go to 27.5 on this retracement. A lot of people will have sells at the open, maybe a short sale of around 10K to help it along. There may be buyers there.

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