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To: Evan Dimmer who wrote (3406)2/19/1998 3:10:00 PM
From: michael  Respond to of 4679
 
covered my short at 11 7/8....volume high, could be a burst through 13 if volume remains high....went long at 11 7/8.....long term.
I have been watching this stock too closely (every 15 minutes).



To: Evan Dimmer who wrote (3406)2/19/1998 4:13:00 PM
From: Schmedley  Read Replies (2) | Respond to of 4679
 
[ this is gaining momentum, getting ready to
fly!]

I couldn't agree more Evan. The chart dynamics are in place for a nice runup in the next few days to challenge the 13 - 13 3/8 previous highs.Todays Volume is twice average daily on a rising trend with strong product announcements and design awards happening practically every other day. Did you notice the number of daytraders present today that were playing the long side? (as evidenced by the brief selloff during the last 2 minutes)They'll be back tomorrow too as todays chart is going to draw even more of them into the fold! Look what the day traders have done to IDTI in the last 2 or 3 weeks!

In short.......I pity the poor fool who's holding DIMD short at this time(because this time the turnaround is for real!)

Schmedley