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

To: Kaizer who wrote (17217)	7/15/1998 7:34:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>>.It is even giving a good directional which is sometimes hard to figure.<<< It really is a tough to figure sometimes and also agree that the directional at least looks stronger then it did in April the last time the BB's gave a clear signal that ANCR was moving, as it merrily rolled down the cliff. On that took a shot with a buy last week. >>> One good sign,a few weeks back on a low volume day like today the shorts would have beat the tar out of Ancor.<<< Thanks for that interpretation.Something to consider in the future. With almost no buying pressure do you think that the shorts would have covered during this time or do you think some accumulation going on.My feeling is that we will see a reduced number in the short position next time around. Risk /reward not on their side at $3 and if it goes to $6, they can try it again and do much better. No? Ed