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Technology Stocks : Microlog(MLOG): Ready to Move?! -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (275)10/31/1997 2:52:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 595
 
I just bailed out of MLOG. My fundamental opinion has not changed. But I expect next week to start on the very wbbly side, and the bounce from the resistanceat 6 was lerss than inspiring, good price action but miniscule volume. Volume always precedes price. I have a bad feeling in my stomach that by next week the resistance at 6 will be shattered. So, I used the intermitent strength to bail out. I'll be back.

Zeev