InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 68.20

+2.8%

Feb 10 3:59 PM EST

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To: faqsnlojiks who wrote (11488)	8/23/1999 4:48:00 PM
From: Hawkmoon	Read Replies (1) of 28311

Filling what gap? iqc.com I see what you're saying... I was just pointing out that the recent move up from $62 was pretty rapid, even though you're right that the move to $62 from $71 should have filled that gap. It just appears to me that the move downward from $71 to $62 was more than a cosolidation. It appears to have done some technical damage that may have negated the initial run-up to $71 from $66, thus causing the stock to have to repair the damge of the downward gap. Essentially, we're backing and filling with the uptrend intact. I agree that $72 appears to be resistance (whereas I thought that $74 or $75 was going to be where we faced some problems). Kick up some volume on a nice up day and we should be able to break through and move substantially higher. I have to admit that I wish I was better versed in P&F TA. I have the thread bookmarked but have yet to get the opportunity to peruse it. Thanks for your insight. Regards, Ron

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