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


To: OZ who wrote (44788)9/15/1999 8:42:00 AM
From: Black-Scholes  Read Replies (2) | Respond to of 50808
 
"millions of shares"? CUBE was at the $37 level for ONE QUARTER OF A TRADING DAY! Give us all a break with your voodoo. O.K.? THERE'S NO RESISTANCE GOING UP AT ANY LEVEL. All the investors from four years ago have long since sold for tax-loss selling reasons.



To: OZ who wrote (44788)9/15/1999 8:47:00 AM
From: Maya  Respond to of 50808
 
The cause for that collapse is the prior overhead at $35. Those who had got in Sep./Oct. 97 dumped at $37 or lower getting upto a couple of bucks profit. This is what the cup and handle would suggest. If you think it is new people who got in and pushed it to $37, who why would they dump it?

GIC-MOT merger news at: dailynews.yahoo.com



To: OZ who wrote (44788)9/16/1999 10:57:00 AM
From: Maya  Read Replies (1) | Respond to of 50808
 
OZ, Now tell me about the huge resistance at the 37 37 1/2 level. It is at $37 5/8. So much for daytrading.