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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: Zeem who wrote (1781)6/2/1998 11:31:00 AM
From: Clean  Respond to of 2394
 
from a TA perspective, can anybody tell me what the support levels are right now for orbi? I saw a post awhile back that said if it dropped below 41, it would surely go to the previous support of 37.

Regards.



To: Zeem who wrote (1781)6/2/1998 10:41:00 PM
From: Phil Jacobson  Respond to of 2394
 
Zeem,

I wish you posted that a month ago. I bled through a 25% loss in PERI because the whole drop was on low volume. Thought that as soon as the volume picked up it would go back up. It didn't. Sold the stupid thing and it's down another 10% since.

What are the dynamics of a low volume selloff being very difficult to recover? Seems to go against intuition.

Phil


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