SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: John Solder who wrote (33607)10/27/1997 5:08:00 PM
From: D.J.Smyth  Read Replies (2) | Respond to of 58324
 
we were "oversold" at $25. the rsi is around 14 on the 15 min oscillation and 5 min oscillation. the volume sell-off was so low that the daily oscillation didn't even adjust which is generally an indication that if we have one positive day we will have an equal reaction in the opposite direction on the same low volume. we won't need a 10 million share trading day to move back to the $27 area (generally speaking if the reaction comes sooner than later i suppose)



To: John Solder who wrote (33607)10/27/1997 5:09:00 PM
From: Ben Antanaitis  Read Replies (2) | Respond to of 58324
 
Well, the final word is in... Steve Forbes is on MSNBC right now stating that the sell-off today, and the one to come tomorrow is entirely the fault of Bill Clinton and the Democratic party...

Now that's what the people of the US need to hear tonight to help them understand what's going on.

DUH!