Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Matthew G Buetow who wrote (2208)	12/29/1996 2:53:00 PM
From: Craig Schilling	of 18263

Mat Don't get caught in the trap of if it happens once it will happen over and over. Study the charts of IOM, NSCP and PRST. You'll see that when everyone starts getting on board and the hype is the greatest (Barrons, CNBC, etc.) the stock takes a correction, especially after a sudden 100% rise. The longs will try to push this stock up Monday morning but there just is not enough individuals left in the game willing the pay this over inflated price. The smart money knows this that's why the push in the last half hour of trading on Friday was only a couple of points up with a large volume increase. For ZITL to rise we need a large pull back and it's close to happening. The next money to be made going long will be the short covering rise after a 50% correction.

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