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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: hcirteg who wrote (3819)	8/19/1998 1:01:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Volume running above norm right now, and the bias is still negative, so yup, me thinks selling is still going on. Margin call related? If so it wouldn't surprise me to see VLNC drop further, to 'round $3.5. over the next couple of days. After all, when there ain't much buying, and selling is forced.....well....ever stood on a carpet and have it yanked out from under you? Gravity kind'a takes over, eh? Time to pick entry points and play the short term swing which should arise once margin pressure has eased. Let's see how it goes..... John~