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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (7721)11/16/1997 2:58:00 PM
From: Doug R  Read Replies (2) | Respond to of 79460
 
Freeus,

MAVK will likely work its way at least as low as 20. It's probably due for a technical bounce up this week and then the downtrend will be ready to continue. It's getting alot of days that open higher than the previous day's close then closing down for the day, often lower than the previous day. That suggests the mm's are shorting it bigtime. I wouldn't want to fight that stuff with a long position.

Doug R