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Technology Stocks : Semtech (Nasdaq:SMTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Bond who wrote (654)11/18/1998 10:49:00 PM
From: John Morrison  Read Replies (1) | Respond to of 1225
 
That is a lot of information, but unfortunately it doesn't help me answer the question re 100 dma. There are too many unknowns in the equation to know. Dealers will often take a stock there just before a big run-up. This allows them to increase their inventory of cheap shares, right? This was witnessed on Oct 8 and 9 before a nice run-up. My answer is, I don't know, but it does seem unlikely with the 50 and 200 almost touching now.


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