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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: rocky haag who wrote (2035)5/5/1998 6:41:00 PM
From: Johnathan C. Doe  Read Replies (3) | Respond to of 5944
 
Rocky, I wouldn't be surprised if it broke under 19 at say 18 1/2; just a small amount under. You have to figure that a bunch of idiots have stop losses at 19 and so the price has to drop under 19 to kick off sells in all of those stop losses just before it starts to move back up. We have to see all of those people with stop losses get stopped out for nothing or we wouldn't be experiencing the typical reality of the stock market, right? That is going to be the real buy signal; a price just under 19.