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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (4037)	4/8/1999 5:04:00 PM
From: Gary Wisdom	Respond to of 4903

Darrell, no kidding. No doubt the bears are reloading tonight for tomorrow. Just in case they do, I lightened up. However, if the trend has finally been broken, I'll do just fine. It's just amazing the morons that will sell the stock at the lowest possible price they can find. Every time it broke $36, I bought some trading shares and sold them in the high $36s. It was like stealing. Now we need to carefully watch the action as I think fairly soon we're going to get a nasty tech selloff. Onsale won't be able to withstand that pressure, nor will any other tech stock. Fortunately, it has not run up, so it might be able to withstand any major selling fairly well as there seems to be support @ $31-32. Pretty strong support. Sorry for rambling on. This was the first solid good day we've had in weeks. I don't count that 30 minute rally to $39 a few weeks back as that was simply daytraders getting hosed. This was solid buying. Looking better.