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Technology Stocks : CDNow (CDNW)

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To: HarryF who wrote (1203)5/3/1999 5:46:00 PM
From: AlienTech  Read Replies (1) of 1465
 
>>I guess it means that we may show a gap down in the morning, even if the stocks really up!<<

Well margins and such are calculated on the closing price. And a lot of people do not look at interday charts. I think we might have people jumping in tomorrow as this means a breakout from the 14 base. Should be intresting. We might even have position shorts puting in cover orders.
23 looks like a tough spot, But if it gaps up then who knows, it might even go up to 27.. and add more fire to the shorts.

iqc.com
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