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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Tiley who wrote (17385)	7/29/1998 4:41:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 68211

Hi Manish. Re"LVLT": why would it do like QLGC without spectacular earnings or buyout or some such event to trigger it. Did you see how QLGC went quiet for a couple of days and then when NAZ was down yesterday it took off? Even today it went all the way up to 67 before coming back down. What happens is that people get so desperate when market tanks that they chase any stock that hasn't sold off and still has a smell of "fresh" momentum. That's what I meant by LVLT doing like QLGC. It probably takes off to 90. That's why I got out. >>>So were you good to someone lately (allowing you to escape SAVLY)? Yes. To Space Cadet! Did you know that their IR dept never returned my call? Crooks! Later; Clint