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Technology Stocks : Gemstar Intl (GMST)
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To: Lucrative who wrote (743)11/7/1999 4:33:00 PM
From: Jimmyjohn  Read Replies (1) of 6516
 
Lucrative I hope you are wrong. Just recently took a sizable (for me) initial long position based on fundamentals, GG thread wisdom, and bounce back up after TVG announcement. I used candlestick charting principles for timing the buy at $81. The price moved down Friday but there should be some support at 85 and stronger support at 80 (lower trend line). See no technical or fundamental reason the price should close below 80. On the upside a move to 100 in the next two to three weeks wouldn't be at all surprising. JMHO
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