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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Rose who wrote (715)11/28/1998 12:28:00 PM
From: TWICK  Read Replies (1) | Respond to of 2004
 
Glad to see this resistance. It gave the weak an opportunity to get out even. It allowed traders to buy OMKT at a 20% discount from the days high of 25, which was set no less than 25 minutes before the day's close. This $20 range became a great base for new buyers in that 15 minute time span, which should help fuel OMKT's rise to new highs. Once the weak investor's and traders who did not jump back in before the close see it gap up Monday morning, they will buy back OMKT at a higher level and pop this baby to the $30 range. At least that's how I make sense out of this.

We'll see Monday morning.

TWICK