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Technology Stocks : CyberShop International, Inc. (CYSP)

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To: Colin Cody who wrote (808)7/9/1999 7:17:00 PM
From: Colin Cody  Read Replies (1) of 884
 
The trend is your friend. Old news of insider selling belies the current action found on the TAPE.

The MACD went positive back on June 18th, and has climbed since then. We had a sharp increase in volume last Thursday that brought the stock up from $6.88 to $7.75. Then after two slow down days, on Wednesday, we saw another higher volume day, and another move higher, even higher than last week's move had brought the stock.

The handwriting was on the wall at that stage. The trend is your friend ...for those willing to LOOK at it.

This stock was a real flyer in March and in November before that. Will this move turn into one of those runs? Monday/Tuesday will tell.

Colin
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