SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (3341)11/29/1998 12:38:00 PM
From: Prince  Respond to of 43080
 
AlienTech, I was watching COOL on Friday and it was a heck of a battle between the bulls and bears. It traded in the 37's for over two hours, but once it broke below 37, it went to 30 in the about the time it takes Santa to place a finger on the side of his nose.

Once it hit 30, it got back on its sleigh as fast as it went down the chimney.

I'm thinking it took out all the stops during that time and some of the weak hands, and this accounts for the quick drop???

Huge buying came in very quickly which makes me believe there is good support, but that drop really got me spooked.

I am going to try my best on Monday to just watch stocks like MALL, ONSL, CDNW, EGGS, NAVR, OMKT. I know there isn't a Santa Clause anymore, but I still want to believe...

Good trading.