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Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?


To: SkyDart who wrote (714)11/27/1998 2:01:00 PM
From: PAL  Read Replies (3) | Respond to of 1634
 
I think the fading back at the close of MALL from 62 ish to 56 ish represented the
MM's taking advantage of panic selling, running the stop loss orders, etc , and we
should see a strong gap-up on Monday. Also alot of traders do not like to hold
over the W/E.


That is the reason we should never put a stop loss order on NASDAQ stock. MM has the tendency to scoop it and go back up. Those shares are easy prey. In essence we are telling the MM's: here guys, I am willing to sell my shares at such and such price.

Have a good weekend

Paul



To: SkyDart who wrote (714)11/27/1998 2:20:00 PM
From: USRX888  Respond to of 1634
 
AS I said a few days ago...........

MALL @ 75 is a good bet..........
MALL @ 100 could happen in this market........

Me i am looking at above 75 next week................
Compared to the others we still have another 20 some odd points to go...

USRX888



To: SkyDart who wrote (714)11/27/1998 2:37:00 PM
From: Tri Bui  Read Replies (2) | Respond to of 1634
 
The MM did the same thing last Tues. when they walked the price down to 34 1/4 from 38 1/2 so they have more shares to drive MALL up to 47 1/2 as of last Wed. We'll see a gappo on Mon. and maybe with a strong close @ around 70's. IMHO of course.

Good trading.

Tri