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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: David who wrote (10345)9/16/1998 10:50:00 AM
From: brad greene  Read Replies (1) | Respond to of 26039
 
David,

As you know...I'm deeply concerned about whether or not the NRID guys like me or not. One of my goals in life is to heal the wounds I have inflicted on those guys....by pointing out that they have been yanked big time......over and over.

Oh well.......one step forward...two steps back.

Anyhow....my theory makes sense from the standpoint that the large short position guys should be covering like mad. It can't get much better than this. IDX is at a triple bottom.....in a hammered area....in a hammered market. The odds of IDX moving much lower is very low. I'm trying to figure out why they are not covering. The answer is that they want a bunch of people to unload at one time. A margin call might just do the trick.......Dangerous game.

bg