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To: zurdo who wrote (4581)10/4/1999 1:05:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 10027
 
who would be the sellers between 22 and 28 though?
certainly not institutions ... if they had entry between 22 and 28, they have taken profit long ago
and not many individual investsors, as the majority have also already taken gains from the 22 entry level back in January
therefore I really do not see 22 as a possible low. You have to have sellers for that to happen. Looking at the chart, I just don't see it

and the support level (buyers) at 27 has now held several times, which makes for an even stronger support line