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To: Alomex who wrote (14146)5/29/1998 2:00:00 PM
From: HerbVic  Read Replies (1) | Respond to of 213177
 
>So that settles it.

Settles what? I had to go back and read the series of posts to even figure out what the discussion was about. ... Well, ... I guess I was right. It feels good to be right occasionally. Thanks Alomex. I needed that!

We were involved in an ongoing discussion concerning the source of the prolonged resistance between 29 and 30. What's the source of resistance at 27 now Alomex?

>You may be correct in that there are sellers at this level
>that bought at that time. But the strength of the resistance
>between 29 and 30 is due to the tendency for the shorts
>to leap into action as the stock approaches its 52 week high.

HerbVic