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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Minos who wrote (9587)5/21/1998 11:21:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 120523
 


>>>>Took the plunge yesterday -- in TLK @ 7. Thinking of selling on news today and taking my 1/2 point. Anybody know what daily average volume is? And do you think it has a chance to run to resistance ~ 10?<<<<

All players, play differently, that's what makes a market.
Sell on the news?
Many will or already have (ron?), but I do not see much resistance till the 9 to 10 area.
So I will hold, at least several weeks.
Same with the IIT, I am holding

>>>>On a broader not, can someone enlighten me as to the significance of the bid/ask<<<<

that occurs when buyers and sellers are both asking the same amount, ususally an ut or dt occurs right after, and yes it did ut.

I would expect another spurt of a rally before the close. Those investors wishing for entry on expectations of another gap up in the morning.

Sue

JMHO