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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (43793)	8/9/1999 4:38:00 PM
From: Don Dorsey	Read Replies (2) \| Respond to of 50808

There's an old trading signal I learned from a commodity trader, which says that when a stock is dropped in the last half hour and is closed on its low, like CUBE was today, that it will rise the next day. I guess the theory is that market makers used the opportunity of a weak close to pick up a lot of stock, which they need to unload. In past observations I'd say the signal has worked about 75% of the time, but I need a lot more data to gain any confidence in it.