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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (11774)1/26/1999 4:15:00 PM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
<Heavy resistance between 15-17...>

I agree. The important point is that we are going higher short term. Evidence: huge volume, a close on the high (9 7/8), a marubozu, and the fact that we've broken through such resistance as there was at 9 1/2.

FWIW I guessed wrong and sold covered calls today on 2/3rd of my MRVC holdings. Now I'll probably have to buy them all back at a significantly higher price.


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