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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?


To: Wolfgang who wrote (1302)1/13/2000 12:04:00 PM
From: Susan Saline  Respond to of 1884
 
it's gap filling ... a technical move ... an oldie ... look at the point on the chart ... at the high ... where it was the day before the gap up from late 60's 100 ... that's the entry point to look for ... or possible the high on oct 25



To: Wolfgang who wrote (1302)1/13/2000 12:08:00 PM
From: Susan Saline  Respond to of 1884
 
another way of targeting entry ... is the trendline ... draw a line from the low on the week of oct 25th to the low on the week of nov 29 to today ... see where that takes you to ... that also is entry area (support)



To: Wolfgang who wrote (1302)1/13/2000 12:15:00 PM
From: Michael Olds  Read Replies (1) | Respond to of 1884
 
Wolf,
See Susan's replies. When the Big buyers see momentum has slacked off (in this case because the greater market took a hit), they hold off buying themselves until they see stability. It "shakes out weak hands", and the shorts jump on to drive it down further than is justified, bargain hunters start to enter and the cycle reverses. (All given positive fundamentals and no substantial news).

mo