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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Kelly Igou who wrote (20336)1/22/1999 3:41:00 PM
From: Patrick Sharkey  Read Replies (1) | Respond to of 29386
 
Theory: Shorts and cover seems as likely as anything; when the market price hit the resistance/1year high, equal money that it could not break through. Once that breakthrough failed, momentum bailed, helped along by short sellers, relatively small in number, driving price lower, lower, until covering started and now stabilization? Just trying out another theory.