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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Grantcw who wrote (4756)1/25/1998 2:31:00 AM
From: lisa  Read Replies (2) | Respond to of 10479
 
Grant, you are talking about support not resistance, support is when a stock falls, resistance is when a stock is rising.

Yes 4 21/32 is major support (bouncing point), it could bust through and bounce rather quickly.

4 21/32 is a gift of this stock, Instanet will tell if Craig had an impact on this stock this weekend Monday morning.

My guess is, Craig irrational behaviour and bombardment of negative posts says hes very nervious, he has bet all his cash on the short side, if he knew something he would slowly bleed us too death, not try to get even in one morning, he has lost his a**.



To: Grantcw who wrote (4756)1/25/1998 10:56:00 AM
From: Mama Bear  Respond to of 10479
 
>>> Is this good reasoning?<<<

On a purely technical level that's the way I see it as well.

Just to nitpick, it's support. Resistance is up at 6 9/32.

Barb