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


To: pat mudge who wrote (551)1/31/1998 7:29:00 PM
From: lazar921  Respond to of 4400
 
Thanks Pat...nice read...a question which I've discussed w others is why w DSP hinting at being discovered and TXN being so hot now (and all the semis)why is it do you suppose that the vol on SSPIF is so anemic? It is very discouraging to say the least....3-5k a day as of late?!....I just dont understand...either way SOMETHING is going to give soon...all the technical indicators are flatlining - completely sideways....I've never seen anything quite like it. Well as they say, the longer a stock stays in a tight range and is being STRANGLED by the bollinger bands, the more likely it is that volatility is on the way.It seems support has been found at 5 1/2...but the lack of interest is puzzling. One would hope that the selling is out and all new vol should be buying. It takes volume to push something up, but stocks can and do drop of their own weight without it...we just have to hold here and barring weak hands and everyone bailing it seems like it is content to stay at these levels until something moves it.which is ok by me.
thanks, jeff