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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!
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To: Andeveron who wrote (2012)7/11/1998 7:21:00 PM
From: Joe Williamson   of 3183
 
IMHO shorting would be imprudent here; MACD, while helpful, is far from infallible. The stock is near a support level and has held up reasonably well all things considered (compare to LCOS). Also J candlesticks show a close Friday above the opening which may signal short term stability. Finally, earnings are due next week and are likely to be good.

If it falls through support after earnings then a short position would be a better bet.
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