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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)
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To: Van Nguyen who wrote (362)9/9/1999 4:32:00 PM
From: gladman  Read Replies (2) of 516
 
Van - do you understand MoneyFlow and the driving forces behind it?

Your TA is based on weak volume, MDCM is in a highly oversold position, the NAZ has nothing to do with it and the upgrades from the underwriters has been priced in duh!!!!

You need to understand what drives interest rate sensitive equities like EELN and MDCM.

There is resistance at 18 1/2, benign PPI numbers will bring buyers back thus breaking thru short term resistance and most likely will take out old highs... MONEYFLOW.
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