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To: KaiserSosze who wrote (10485)2/22/2003 9:35:25 AM
From: Boplicity  Respond to of 13815
 
If you look at the chart, siliconinvestor.com
You can see that there are many, many, holders that might have been caught holding the bag if you will, while the stock went down rather fast over a short period of time. Some of them will want to get out whole as the stock tries to recover, which will cause the stock to be under selling pressure, ergo, a mountain of over hear that needs to be worked off before LF can have sustaining rally. I like to look for stocks that have based, say 10 months of more, where you can see that that players, for lack of a better word <g>, have strong hands and will most likely not sell after the stock begins a new rally.

I hope that helps,

b