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

To: brad greene who wrote (11353)11/18/1998 9:39:00 AM
From: Rob C.  Read Replies (2) | Respond to of 26039
 
Brad,

I am not sure that we will start our run yet, a pullback to $7.50 to $7.75 might be in the cards come Friday. I hope not, but this little spike may be the "CNBC effect". I will know more by the end of this trading day. If we gap up and trade lower, the stock will close at or near $7.50, if we close higher than we open on very strong volume, then look out above. The next resistance is the annual high of $11.93.

Stock hasn't opened yet, I am really excited this morning.

Regards,

Rob



To: brad greene who wrote (11353)11/18/1998 9:50:00 AM
From: Rob C.  Read Replies (2) | Respond to of 26039
 
Brad,

9:48 eastern, and still not open???

Seems like the specialist maay be hit with alot of market buy orders.

I guarantee he is trying to figure out a way to optimize. I think it will open at $9 1/4 and drift lower.

Regards,

Rob


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