VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Greg McDaniel who wrote (20182)	6/22/2000 2:01:00 PM
From: John Curtis	of 27311

It went briefly above $18, now backing and filling just below that critical ceiling. Above $18 is a level we haven't seen VLNC consistently above since early April. So it's one of a couple key levels. Volume is obviously way up; and the ask gambit "teams" fingerprints have been sporadic on the ask side of things. Maybe "they're" standing aside, as standing in front of such volume is the equivalent of trying to stop a train. Maybe they're waiting on the "ruckus" to die down, and will then apply pressure as in times past. Then again; perhaps they're quietly closing the exit door they've already moved through..... We won't know for sure until VLNC stays on a sustained basis above first $18, and then ~$21. And even then..... But meanwhile I'm lovin' the rise. John~

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