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Non-Tech : ISTN Interstate National Dealers -- Ignore unavailable to you. Want to Upgrade?

To: Power Player who wrote (58)	1/21/1998 1:06:00 AM
From: Jeff Mulder	Read Replies (1) \| Respond to of 104

I sold too. The downward spike on increased volume bodes ill for the stock price, at least short to intermediate term. In fact, right now the stock looks better as a short than a long. The spike brought it down through all of its short-term and intermediate moving averages, and the recovery has brought it back up to just under the 50-day MA. With volume on the recovery so weak, I suspect the 50-day will turn into resistence and send ISTN back to 8 or lower. Time to play elsewhere and perhaps come back to this one later. - Jeff