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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: BigTex who wrote (1331)11/24/1999 8:00:00 PM
From: coug  Read Replies (2) | Respond to of 2263
 
Well Big Tex,

I bought 500 a the close for 10 11/16 for a lark because of the 1' price bars were flat and holding well. Figured there must of been an enormous short position
starting at the high volume, churning spike 12-13.00 early in the day.. Probably shorting all the way down to nine with no real covering , started a solid upward trend with good volume again north of 10.00.. where some covering started to occur into the close.

Probably my guess there is one helluva a lot of shorts out there based upon the frantic tone of the thread.. Looked up the thread just to get the feel..

Probably sell at the opening, up or down.. because I really don't have a feel for their product.. It was a technical trade with a little Linux magic sprinkled on. So far so good. This hot money day trading has also brought out a lot of inexperienced "short sellers" that get on the wrong side just as quickly as the longs imo.

Just my thoughts and good luck all.....c