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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Greg h2o who wrote (23672)	9/11/2000 10:20:26 AM
From: John Curtis	Respond to of 42804

Greg, et.al.: Well, so far this morning the usual hammer and pause is still in operation. It's broken $60 to the downside and, with the pattern established last week, looks to be signaling more slippage ahead. I tell you I'd love to buy this equity, but it just hasn't stopped slipping. Yet I won't short it either because I can't get a read on whether it has been wrung out or not. We could be looking at a reversal being played out right now. Even so, when uncertain stand aside and wait. If it can hold $60 for the next couple of days, then bottom may have been found. But the day is young, and this is triple witching week. So things remain uncertain right now. John~