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Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (2777)11/29/2000 10:51:22 AM
From: John Curtis  Respond to of 3376
 
"Last push for the shorts..." Could be yes. Could be no. Intra-day it's still trading the same. Push it down, release and let it spring. Then push it down and cap it for the day. Then at days end.....

Soooo...right now it's doing the spring back to ~$8. Unfortunately, buying is still worse than anemic so who can say how far the spring will extend. And yet, as anemic as buying is, right now the same can be said for selling. But given recent history I'd say this is a not so veld attempt at enticing buyers out of their hidey holes. (I'm still seeing what I interpret as "flags" being waved via 100 share uptick mechanisms which have preceded down tick bid hammerings)

As for me....I'm sitting here on my hands for now, just counting cash and waiting for a clearer signal...

John~