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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (3431)4/4/1999 6:42:00 PM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Well, things are different now than the last time we hit 20. One cannot view the price in a vacuum.

We will just have to see.

I do agree there is considerable resistance at 20.



To: blankmind who wrote (3431)4/4/1999 6:49:00 PM
From: Hawaii60  Respond to of 30916
 
< i think it will be the 20 mark, and not the 200dma which causes the shorts to close up shop and move onto better pickings. of course the spinoff announcement would do the trick also;->

I agree, short covering begins at 20-22 but, it is the close over the 200 day MA, that will get us to 20 IMO.


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