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Technology Stocks : Analytical Surveys (ANLT) computer maps

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To: Nixpix who wrote (1068)9/15/1999 5:04:00 PM
From: The ChrisMeister  Read Replies (1) of 1157
 
With today's close, this is only the third time in the last 150 trading days that my relative strength indicator has closed in oversold territory. The last two times turned out in retrospect to be short term buy signals. You can spot these sharp little bottoms on the chart. I can't believe any of the numerous short shares out there are looking for hugely lower prices (like single digits), which is why I think these bottoms are so sharp - ie, they draw in a little short covering. Just a guess, but last time we did rally some into earnings (which was about the last time I posted here).

* ChrisMeister
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