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To: cellhigh who wrote (59454)10/31/2000 9:43:51 PM
From: Zeev Hed  Respond to of 93625
 
Actually, today's decline to $36 and the move back up to $49 plus looks in some respects like a "Volume-price reversal" day, but few elements are missing, it closed above the opening price, but quite far from the high. We'll see if it can take today's high in the next two three days. If it does, it will meet the overhead supply at th $52 or so area, and the way it handles this should be telling about future directions. I will assume that it will take a good three tries with heavy volume to take that level, and play accordingly.

Zeev