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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?

To: marvin litman who wrote (934)3/20/1998 11:15:00 PM
From: DanZ  Read Replies (2) | Respond to of 1712
 
To all,

IRF looks like a buy again. It tested the lower daily bollinger band yesterday and bounced today. The bid size was firm all day today. I believe there is minimal downside risk and about 2 points of upside potential in the short term.

Here's the numbers: support 11 3/4, resistance 14. If 11 3/4 doesn't hold, the next support is at 10 1/2.

Dan



To: marvin litman who wrote (934)3/21/1998 12:31:00 AM
From: Dr. Perry Lucero  Respond to of 1712
 
i hope you all are not angry with me for being a traitor i mean trader. i believe this co. will shine in the future. i will take
a position again in the summer. at 10+ i will buy calls then sell
them. marvin forgive me for i do know what i do.


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