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Non-Tech : Ashton Technology (ASTN)
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To: Dale Baker who wrote (905)5/10/1999 4:44:00 PM
From: EyeDrMike  Read Replies (1) of 4443
 
Disagree Dale.

Close above 11 today makes the short's attempts to walk this one down a failure.

The intraday highs were getting successively lower, and the intraday lows were staying just under 10, the stock was bound to make a decisive move in either direction. The ceiling was meeting the floor.

Market decided it would be up.

Speculation would say that the institutions conducting the beta tests like what they see, and have been buying ASTN stock for months.

Mike
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