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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 65.70+0.2%Feb 6 9:30 AM EST

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To: HO-MEE who wrote (19933)7/12/2000 10:03:36 AM
From: tahoe_bound   of 28311
 
Hang on folks, not so fast, yet!

The gap up after market was on VERY light volume. It may fill that gap. Not only that, there is still a daily negative stochastic and MACD crossover to deal with.

Remaining wary here for what happens after Monday, how many times have we seen a budding movement jinxed from over exuberance! Until this gets through formidable resistance with a reinvigorated infusion of interest (volume, coverage) it is premature to celebrate IMHO.

It is all about how the rest of the market perceives what the co. says (and does) later. The pattern of "selling on the news" is still in force until proven otherwise.

Cautiously optimistically yours
t.b.
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