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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: iceburg who wrote (14437)	2/18/1998 2:04:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

.....and from the Bollinger Band corner- Technically it looks like we could bounce around the top and bottom bollinger band line and would not be entirely unhealthy to see it test 7 1/4 as Steve suggested. ANCR should either be flat until the band tightens or continue this uptrend and then we can look at the next signal hopefully testing the low high or just continue this ride up.Technically there is support in the 7's that should last close to a week(or as the BB's tighten up) if we start a trading range(stay flat) and seems like the downside for now is limited. On the other had I have never traded the technicals but rather have bought the bottoms and sometimes the low highs(thinking they were high lows:big error around last conference call)and have accumulated more then I thought I'd ever own really buying the FC story and it's fundamentals. The CC could possibly throw all this stuff into the wind and could see us easily at 6 or 10 so I take it all with a grain of salt.