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To: SirAlexx who wrote (2237)2/25/1998 8:49:00 AM
From: arun gera  Read Replies (1) | Respond to of 3506
 
Sir Alexx:

The Orbital Thread has recently been attacked by Hypesters. Are you guys related? In particular Angelo and you? Please don't destroy this thread as Angelo has done on the Orbital thread.

Arun



To: SirAlexx who wrote (2237)2/25/1998 10:38:00 PM
From: Rubble  Read Replies (2) | Respond to of 3506
 
< neither Alex, nor Rubble are alone in their opinion that the stock is heading lower. >

You know Alex, I'm really not bearish on TRMB. There seems to be much support at 19, and I don't see the stock heading significantly lower. I did sell my March options last Thursday, but I still hold a significant position in the company. All TRMB needs is some good news, like the announcement of a new contract, and TRMB should be going back up to its intermediate highs.

I started my jocular group of posts because I found your technical analysis quite amusing:

< now sets up a perfect short for a retest of the 14-16 support area, and then the 10-12 area. Traders will be selling against any light rally with stops over 22-23. >

Basically, there is no 14-16 support area. Back in June TRMB went from 14 to 17 in around 3 days...it pretty much skipped 14-16. In addition, TRMB is not a "perfect short" because there are only about 15 market makers trading the stock. I assume most of the current short interest is hedged, as shorts know they can take a bad beating when some good new comes out on a moderate-thinly traded stock. In addition, when you say "Traders WILL be selling against any light rally," you presume to know something you can't possibly know. Use something more vague like "might," or even "should." You're not claiming to be clairvoyant, are you?