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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: esterina who wrote (4764)10/28/1998 11:09:00 AM
From: JohnM  Read Replies (2) | Respond to of 6565
 
VLSI has been trading in a tight range for at least five trading days (right around 9 1/2 +/- 1/2, which is pretty tight for this stock). from following this stock for quite a while, if VLSI is true to form, it will make a significant move +/- $1-2 per share all at once within the next few trading days. if i buy 1,000 shares today, this will guarantee that the move is in the downward direction to around $8. if i don't, it will virtually guarantee that VLSI once again will make a move on $11. anyone have any advice for me in my struggle with this dilemma?