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To: V. who wrote (12726)3/11/1998 5:12:00 PM
From: Papillon  Read Replies (2) | Respond to of 17305
 
V., I, for one, am happy to be privy to your TA on ALYD. I don't know how to make sense of these kinds of bounces, other than that it is obvious there's going to be some profit taking at the end of a day like this for ALYD. Too volatile for me, and I like a little volatility.
Don't hesitate, post your TA when you've got it...the more ideas the merrier. I'm one to talk...I couldn't read a chart for love or money.
John



To: V. who wrote (12726)3/11/1998 5:15:00 PM
From: SE  Read Replies (1) | Respond to of 17305
 
Vicki,

I think we picked up some momentum day traders that bailed in the last half hour and pocketed probably $2 to at least $3 points today. That is about the only explanation I can come up with for the dramatic drop towards the close. I would suspect we will see a gap open tomorrow if this run is for real. Sure hope this is the beginning.

16 1/2 to 16 7/8 you say? That is quite a range. Don't you ususally nail it down a little be closer than that! <<gg>>

-Scott



To: V. who wrote (12726)3/11/1998 11:46:00 PM
From: Trader X  Read Replies (1) | Respond to of 17305
 
While everyone is fixated on ALYD, CREE is popping too.

Up 18% today on 4x average volume, something good must be about to happen, since no news was out today. You know how these insiders get all loopy sometimes, going out and buying every bit of stock when they know some juicy tid-bit is about to happen.

CREE, it's not just for breakfast anymore.

-kh