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Technology Stocks : Redback Networks, Inc. (RBAK) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (1102)9/13/1999 6:42:00 PM
From: Paul A  Respond to of 1956
 
nah.. just flat all day and people had stops all set and waiting.. like dominoes falling, it was pretty predictable no? The volume was rather light considering the drop, and it seems the only predictable indicator with these monsters is volume.. every other 'read' is just a crapshoot

Still wouldnt bet on the short side until it breaks 90.. unless your scouting for 10 points.

Im playing the bounces but dont plan to hold any position for more than an hour :)

Not short, just long hits.. too many other great shorts to hit..

seeya!



To: Tom Hua who wrote (1102)9/13/1999 9:37:00 PM
From: Walter Xie  Read Replies (1) | Respond to of 1956
 
Tom, When longs get nervous, they behave no better than shorts :). Indeed, the $90-95 seems to be a support. Let's see how long it takes to fall under it.


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