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Biotech / Medical : Summit Technology (BEAM) -- Ignore unavailable to you. Want to Upgrade?


To: HerbVic who wrote (1296)7/27/1999 9:26:00 PM
From: dwlima  Read Replies (1) | Respond to of 1386
 
BEAM was a great technical short. The close was reason enough for me to hold on...closing near the low at just over 24. Daytraders leaving as fast as they came- volume will shrivel up and those suckers that bought @26-29 will carry teh bag until more news releases come out.

my prediction: gap down to 23.50 and a low of $22 with a close somewhere between.

It's lights out...it over once the daytraders put this stock into outer space.

btw, to all that disagreed with me...apologies accepted. today was as i said- terrible. gap-up with a peak of 29+ and a close of 24.25. just terrible.



To: HerbVic who wrote (1296)7/27/1999 9:57:00 PM
From: red_dog  Read Replies (1) | Respond to of 1386
 
May want to study this before shorting.

hardrightedge.com