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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (34571)11/5/1997 12:11:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 58324
 
the 400K block makes the 50K block and 35K block and other blocks at this level look small in comparison



To: Gary Wisdom who wrote (34571)11/5/1997 12:14:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 58324
 
one of the analysts we follow stated this a.m. that there is a lot of money sitting this market out - even through the rebound. so if the market can hold its water, this money is likely to buy in on the next rebound dwarfing the primary rebound. he stated money is looking for a pullback, but not to expect it.



To: Gary Wisdom who wrote (34571)11/5/1997 12:18:00 PM
From: Ray Dash  Read Replies (2) | Respond to of 58324
 
Gary,
You wrote of wanting to short yesterday, I'm wondering what TA influenced your decision. From what I can see the daily MACD histogram is definitely in a strong buy mode. It seems to me that carrying a short day to day now is very risky, something other than cyclical stock strength is occurring here as yesterdays initial pop to 29 was a 200k block buy.

...I've been lurking for awhile
...time to join the party.


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