SI
SI
discoversearch

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.
Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (5526)2/16/1999 1:23:00 PM
From: Michael Olds  Read Replies (1) | Respond to of 17679
 
Again, Wayne, this is lunchtime in NY. And the big buyers never buy Monday mornings. They usually buy during the last hour, and even in the last 10 minutes. This kind of a drop is just what they have been waiting for.



To: TheBusDriver who wrote (5526)2/16/1999 1:27:00 PM
From: Michael Olds  Read Replies (2) | Respond to of 17679
 
Also, that looks like a mini double bottom there at 3.

Al, I don't want you to think I don't understand your anxiety! I do, I have it too. But you got to use it. Love your anxiety. If you have confidence in your original position in Ampex, the anxiety is just telling you how to play the short term. Or in the case of someone who put their whole wad down on the get go, just relax! The play is between short term traders here.

Me, if I can squeeze a couple large out of this shortly I'm going to go real time, I love the vitality of it.