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Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Viapiano who wrote (788)	5/7/1999 11:44:00 AM
From: mst2000	Respond to of 4443

It's 11:30, 250,000 shares have traded and ASTN is still above 10. Last Friday, and this past Monday and Tuesday, 250,000 shares had traded well before 9:45. Daytraders are out-- I would guess they were gone no later than Monday, probably last Friday - now it is just shorts and MM's playing games with each other, while the longs sit on the sidelines waiting for any new developments. I think there is resistance at 11.75 and support at 10. I would expect the stock to trade in that range until the next piece of news. Just my opinion. The shorts who predicted 8 and below over the past 2 days are clearly wrong. The longs who predicted 20 by today are equally wrong. Anybody who thinks CNBC had anything to do with last Friday's run up and that there is serious dumping yet to go should start doing real diligence before ever making an investment again. Even short picks should be better reasoned than that. MST