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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: art slott who wrote (6745)9/24/1999 9:20:00 PM
From: art slott  Read Replies (1) of 13157
 
By: guany
Reply To: None Friday, 24 Sep 1999 at 5:40 PM EDT
Post # of 2552


I'M VERY ENCOURAGED, here's why...
Today we bounced, and we did it without even
touching the 50 day MA. A bounce this early
is different from what we've seen recently.

If you look at the chart, when we started to
fall we did not reverse for a while.(See mid-May,
mid-June and the beginning of August.)

I may be speaking too soon, but this feels much
different. To me, what we've gone through more
resembles the end of August.(We all know what
happened after that!)

It seems to me we're in for 1 or 2 weeks of UP!

Then another brief consolidation and we're off
to the races. We fly straight up before and through
October 15. 30+ by November 1!!

Of course I could be wrong--the straight up could
happen much sooner if we get an announcement on
WWF or other.

Just another bull here to stay. We've seen the last
of the shorters--they've all just covered(or at least
they better hope they did).

guany

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy)



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