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Technology Stocks : HAUP - Hauppauge Digital -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1085)	2/11/2000 10:23:00 AM
From: Don Roberts	Read Replies (2) \| Respond to of 1149

Zeev, Your timeframe is obviously longer than mine ... I'm talking short term correction ... a washout of many of the longs. Longs would have to be idiots not to take profits after this insane runup. The runup is due to technical factors (small float and short squeeze) ... not fundamentals. Also, the downgrade will force many, many longs out. They have incredible profits, and this runup is a fluke (people panic covering to not get margin calls or to meet them). Also, it is very low risk to short at 75 (RSI is 91.8) ... ANY stock with RSI above 90 will tank within a day or so. Good luck long. Shortie