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Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?


To: Twisted Pair who wrote (387)12/16/1997 3:21:00 PM
From: Rob C.  Read Replies (2) | Respond to of 4400
 
Mike,

SSPIF is now trading below it's 200 day MA, FWIW the last time this happened the stock traded as low as 4 7/8's. IMO this is basically tax-loss selling. January, technically should be a great month.

Regards,

Rob



To: Twisted Pair who wrote (387)12/17/1997 12:07:00 AM
From: scope  Read Replies (2) | Respond to of 4400
 
NO,NO,No!!!!!
This is how the game is played by the MM and pros. They bring the stock up,then take 50% of the advance back. They buy back the stock,then they start a new leg up. Check out the action of other small stocks. It is identical.