Fonix:Voice Recognition Product (FONX) Message Board

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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Jerry String who wrote (1742)	3/8/1998 12:41:00 PM
From: ed doell	Read Replies (2) of 3347

IMHO, a well known money losing strategy is fighting the tape. Doesn't matter what the reasons or facts: if the price is going up, it's going up. And it is. All the bluster you can muster won't change this fact: somebody's buying this stock, and it has made nearly a double in six weeks. And on a substantial volume increase. The chart's a "cup and handle," one of Mr. W. J. O'Neil's noted bullish formations. The volume is similar. iqc.com BTW, if you want a strong stock, get rid of your sell stops because the MMs can see them and they'll use any excuse to dip to get them. Another point: that gap created last Friday will have to be filled sometime. Better sooner than later. Best wishes everyone. Ed

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