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Technology Stocks : Broadcast.com (Acquired by Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (847)	3/19/1999 8:11:00 PM
From: Eric	Read Replies (2) \| Respond to of 1260

BCST's chart is a bit weak ... the stock is tired from the recent surge. In the internet market, people buy the strong and avoid the weak charts regardless the price levels and fundamentals. A populate trading method is to place buy stops above the current market price. When a stock starts to move, those buy stops fuel the fire. When a stock drops, rather than buying the stock, people normally adjust their buy stops lower, as a result, you don't see actual buying interest when the stock trend lower. Today's close is also influenced by option expiration .. March 85s. I think I got lucky by buying back my covered calls minutes before the close. Well, Monday will tell ...