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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: Bear Down who wrote (2597)1/11/1999 12:16:00 AM
From: Mark[ox5]  Read Replies (1) | Respond to of 5102
 
So you dont agree that in a stock that moves up 20-30% on say 10x normal volume, there is not a traditionally a gap up the following day?

Hmm I'd have to research that one, but just go to any daytrading thread and ask what they look for in a "gap up" candidate.

I think aside from press the 2 answers would be:
A) Large positive price movement
B) Huge volume increase over average volume

P.S. Judging from your decision to exit DBCC at 18 & me sitting here with shares at 26, I guess my uneducated guesses fair a bit better than yours.

Mark



To: Bear Down who wrote (2597)1/11/1999 12:50:00 AM
From: Uncle Frank  Respond to of 5102
 
Thanks Bear, I needed that. I've been getting caught up in Inut Euphoria <g>. The question is when to get out, not should we get out. We all know that this is a short term opportunity; Mr. Wu has reminded us convincingly on several occasions. But there may be a little more run in this rabbit yet.

From the information this thread has generously provided, my feeling is that your brother bears won't go for the kill until Tuesday PM. If that's true, we may have another 15 points of upside. I sure would like half of that, so right now my target is 33 7/8.

Frank

I reserve the right to change what's left of my mind at any time.
This is just like going to the tables at the Mirage <vbg>