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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: robbie who wrote (3070)	1/1/1999 10:05:00 PM
From: Colin Cody	Read Replies (2) \| Respond to of 4903

robbie, who said the TREND would not reverse? I fully expect ONSL to move sharply higher, but unless there is a gap up Monday at 9:30 that sharp upmove might come after we visit $32 or even lower, maybe to $25. The reason is purely technical. I see the bottom falling out if the stock goes through the $39/$40 support level. Say about $39.75. Maybe I'll be wrong. Wont be the first time. For the record, I SOLD ONSL at $60 the day before it hit $100. (g) Colin BTW, you said it is easier to double from $40 than $65. While that's true, it was I who alerted us to the technical problem back at $65 9 days ago, that's when I sold my entire position in ONSL @ $63/$64. Message 6929055