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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: wildandwonderful who wrote (11075)	12/13/2001 1:18:25 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

HAL: Pretty much what I wrote. There are still people holding HAL at much higher prices, with losses in their positions. They have to make a decision in the next 9 or 10 trading days whether or not to sell their stock and get a taxable loss for this final quarter/year. Presumably there are institutions who will want to clean HAL off their books before the end of the year. So that's the sellers. As for buyers, I assume they will be cautious, like JimP, and await a better pricing point (based on the above). Uncertainty is in this stock for the near future at least, and perhaps longer, as well. Too many sellers, not enough buyers, it bounced off 10.65 I think on the plunge; I think it could take that number out this time. As for the charts, the plunge has impacted some of the indicators ability to indicate (an ability which is never perfect, in any event), but the bottom 5 indicators are all negative. I have an order in to short this a little higher than it's trading right now, just a starter position. JMVVHO, of course. Kb