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To: tRaDiAc who wrote (378)1/29/1999 11:50:00 PM
From: Sipowitz  Respond to of 746
 
Looking at the Level II close compared to the actual market close, we are already close to .08...The actual close of market at 4pm est the price was .074...thus if nothing changed between now and Monday at 9:30 am est then there would already be a small GAP up of .006..which if it follows the pattern of Thursday and Friday should continue up maybe .06 points for the day and end Monday at .14.

This is built in with many, many assumptions...one being that buying continues which I think it will. (MOmentum).

Another assumption is that nothing bad happens in the market, the world, or just this stock.

Now if this company comes out with earth shattering positive news, we could see a quick spike to .60...only to come right back down to .25-.30 (Mind you, this would have to be some outstanding news but in this type market environment, who is going to rule that out? Wouldn't you give anything to go back about a year and scoop up XCIT for $10!!!

Play this stock with not your mortgage money but there is a possibility you could make enough here to never have a mortgage again, all be it a small one!