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Technology Stocks : ANTEC Corp. (ANTC) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (653)9/20/2000 6:05:46 AM
From: Arthur Tang  Read Replies (2) | Respond to of 847
 
While the fundamentals are encouraging, the technical imbalance forced the trend downward. One must study the shorts by market makers to emphasize the trend lines in 1 year charts.

If you buy to average down, you must wait for the stock to bottom and show oversold condition. If you buy and the stock pulls back some more; does it confirm the fact that market makers just increased their shorts?

I am still waiting for an entry point when overbought is relieved.