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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (1172)11/27/2000 7:47:12 AM
From: CRL  Read Replies (1) | Respond to of 2293
 
When the commercial positions reach extremes you have to watch the rate of change. When that momentum slows, regardless of the absolute position of the commercials, a reversion to norms is signaled, and extremes can be resolved in a pretty violent manner. Those shorts can cause a lot of volatility when covering starts!