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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Shafik Habal who wrote (6024)9/15/1999 7:47:00 PM
From: hasan syed  Read Replies (1) | Respond to of 7342
 
SH, TLAB closed ugly today. Per the Williams %r and the lower envelope of the bolinger bands, it seems we should bounce off soon. I feel quite comfortable entering my positions slowly around here (added a lil more at 55).

There was a huge amt of selling from DLJP (donaldson lufkin). I saw the MM stick to his offer and stay there for atleast 100k worth (around 56 9/16 if memory serves me correct), not to mention DLJP persistently offering and unloading at lower levels. Hope the seller's cleaned out otherwise we're going to test to 200dma soon. Weird thing about all this was that there's no news today on TLAB.

Regards,
Hasan