C-CUBE - For Technical and Option Investors Message Board

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Technology Stocks : C-CUBE - For Technical and Option Investors

CUBE 37.08

+0.4%

3:59 PM EST

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To: Stoctrash who wrote (116)	4/6/1998 8:35:00 AM
From: Terry Whitman	Read Replies (1) of 128

Volume update: Close to an upside breakout (to accumulation). Two consecutive UP days needed from the close of 4/3. I am however, not very confident that the market is going to keep rising for much longer. In other words, I am looking for exits and short candidates. I am basing this on the NASDAQ Composite vs. 200 day MA. We are nearing 15% above the 200 day MA. In the past 4 years, +15 to +25 has signaled a market correction in the near future. The way the indexes are advancing now, the bubble will soon burst. I've got to think AOL is going to be a real good short when the bubble finally bursts. TW

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