SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (13206)3/12/1998 2:13:00 AM
From: Doug R  Respond to of 79474
 
Dave,

I like your assessment of ACRT. I want to point out that when ACRT hit 30, I posted on the ACRT thread that there was a good possibility that a demand "vaccuum" was likely to exist. I think that aspect of ACRT's supply/demand dynamics alone would have resulted in a significant pullback but with the initiation of a large short position ,the effect was exacerbated to the point of making ACRT a very low risk/high probable reward scenario. The technical activity also bore this out.

glad to have met everyone at Myrtle Beach,
Doug R