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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (14270)9/29/2000 7:04:40 AM
From: Guardian  Read Replies (1) | Respond to of 19374
 
Reid: you pointed out this:

<SCMR is showing additional general weakness through yesterdays close.
The candle is a spinning top which suggests that both buyers and sellers
are undecided. The other indicators lead me to believe that another test
of the $56 area is highly likely.>

To which may be added that SCMR is coming up for an inflection point this saturday on its ongoing effort to set a standard - ie: its proposal voted down some weeks ago and loss of customer to cien started slide. saturday something is happening that will either confirm the slide or reverse it. sorry i can't be more specific but i read it early this week in a zdnet news item (I think). it is making investors nervous about holding over weekend.