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


To: LaShark who wrote (3075)1/2/1999 12:29:00 AM
From: Colin Cody  Respond to of 4903
 
Yes, agreed, it might have been the YEAR-END that drove the price down. I was very tempted to grab some on Thursday at $40.25 a share, because we just might see a fast pop up come Monday, the first trading day of the new year!

But, in the end, I choose to play it more conservatively. One thing that makes me think this is going lower is that last recovery going into the close, where it went from $40.06 to $42+ in minutes. That failed to hold, and we retreated right back down to the $40 support area again.

We'll see next week if she rallies or falters. I agree if she moves, she moves FAST. A Gap up one morning of 5 points or more is very reasonable.

Colin