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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?

To: coachbobknight who wrote (1252)	5/9/1999 2:41:00 PM
From: tsunami	Respond to of 2743

coach, I think we have some traders turned investors trapped in this momo gone wrong. As long as PCLN trades below 165 (its yearly high), every rally, every spike should be sold into. I think there will be selling pressure from longs trying to get out with a small loss or break even. If PCLN clears 165, it will be time for me to cover any short I have and depending on the volume and general market mood, might go long for a squeeze intraday. Basicly, I am not sure if this is the final leg down but I am sure when it is the final leg down, I will be on board. All the above comments are for PCLN "the stock". I still think PCLN "the website" is worthless from a fundamental point of view. good luck!