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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: fedhead who wrote (33325)11/12/1999 8:55:00 PM
From: bobby beara  Read Replies (3) of 99985
 
>>>If their method becomes the industry standard they will enjoy huge royalties sort of like Microsoft <<<

Anindo, IF is the question, i know nothing of the industry but the landscape is littered with parabolic IF's over the ages.

5 day rsi of 97
adx at 60.

at some point they will run out of dippers and there will be a sizeable correction in that stock. I did read a post on the qcom thread that told people to relax, all the mm's had to own this one, nothing can sustain a parabolic of that magnitude, msft has never been that parabolic.

this stock has similar sentiment and chart patterns to aol in april (and iomega in 96)

The only stock of any of the top five ndx that i can remember getting close to that parabolic is DELL in january.

bb
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