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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Hippieslayer who wrote (6914)2/20/1998 12:45:00 PM
From: Rob S.  Read Replies (3) | Respond to of 11555
 
Just for the fun of it, let's do a fictional day trade. The dailey trading activity shows that IDTI started moving down at the end of trading yesterday. This is probably profit taking and lack of institutional buying at this level. The reason why I say that is the number large block trades has next to nothing over the last several trading hours. quote.com

So pick a point where you would buy in - the price at the time of this post is 15 5/8.

My fictional trade is a buy at 15 1/2 and a sell at 16 1/8. My guess is that we will see a re-test near the highs of yesterday.

Your bet?