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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: pavlov 1 who wrote (4679)5/25/1999 11:11:00 AM
From: John Curtis  Read Replies (3) of 18366
 
This pullback's to be expected, imho. Nothing goes straight up in this game. Particularly with the amount of traders I expect have gathered 'round EDIG, pulled in by its sizeable volume. Kind'a sort'a like the old adage of "Nothing attracts a crowd, like a crowd". Heh!

Consequently, movement can be expected to be magnified with the trader set involvement. A run will be pushed beyond logical limits(over-bought), and a pull-back will be as well(over-sold). If'n you the cajones(spelling?) for it, you can play the "bouncy bouncy" aspect of this reality.

Of course, another way of looking at this is EDIG is now basing...forming a new floor from which to launch again? Guess time will let us know if this is true, eh?

Regards!

John~
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