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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Eleder2020 who wrote (17215)	7/15/1998 5:55:00 PM
From: Kaizer	Read Replies (1) \| Respond to of 29386

Hi Eleder 2020, I agree with your BB interpretation,this is a very good pattern we affectionately call "the pinch".It is even giving a good directional which is sometimes hard to figure.Some of the other technicals are flat though. One good sign,a few weeks back on a low volume day like today the shorts would have beat the tar out of Ancor. They might be losing a little enthusiasm to increase their positions. Regards, Kaizer