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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: @jim who wrote (10497)4/29/1998 9:35:00 PM
From: frank doolittle  Read Replies (2) | Respond to of 14631
 
I never cease to be amazed at people who put in stop loss orders. The MM's will go down and pick it up and the stock then recovers almost immediately. ( i.e. 9.75 today around lunch)
I also felt the stock would drop at the closing due to the day traders getting out, the same will probably happen tomorrow, look for a drop of about 1/4 pt at 3:30pm. I just hope it is after it gets to 12.



To: @jim who wrote (10497)4/29/1998 10:17:00 PM
From: tony 890  Read Replies (2) | Respond to of 14631
 
@Jim, this is a pretty serious break-out chartwise. We should open up and test the 10 5/16ths made today. If the move is for real, we could go through and test 10 1/2. I think this leg could go to 11 or so IF earnings are just slightly above est. FWIW. tony 890


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