Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Cymeed who wrote (9476)	2/6/1999 3:20:00 PM
From: RockyBalboa	Respond to of 122087

Christian, thanks for your informative answer. what do you mean by "bottom print is missing"? "Essential" (?) part of any run in the heavy internuts was a bottom print (acually the reverse of a "goodbye kiss" on the upside). YHOO and especially AMZN did them in the past frequently. It is a strictly intraday drop back to a level beyond the short term support accompanied with an instant reversal and at best a strong (in the +) closing. It is more scary if there is no bottom print, as it suggests that that was not the bottom. Recently it happened also with smaller companies (with a bigger float), like DBCC in December or IDTC in Januuary (though, IDT was different) and served shares at astonishing low prices. This all applies only to an otherwise buyoant market (But presently, with the ongoing buying the dips, it is my take). C.