CyberShop International, Inc. (CYSP) Message Board

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Technology Stocks : CyberShop International, Inc. (CYSP)

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To: DD™ who wrote ()	11/29/1999 11:20:00 PM
From: Jack Hartmann	Read Replies (1) of 884

I remember Tmex always saying he could play a stock several times for the swings. He did it with FDRY, CMGI, and IBM. This reminds of the classic cycle of accumulate, hype, sell when it goes up, buy some when it drops a few points. We have seen a steady rise up on Friday and a slow decline today with a jump at the end. A little over 5000 seperate trades today. The MM's gapped it up and stepped it down about an hour into the days trading. Many bought at $14+ so they are ones stuck now. Not sure what's next, but I wouldn't be surprised to see another two days of slow declines and a sharp jump up on Friday. Stock still above its 13 day EMA ($10.10) and 50 day EMA ($8.15), so TA says bullish since still trending up. Stochastics starting to trend down so this why we may see a momentary downturn. All the TA doesn't mean anything if momo traders and short timers are playing the trend. Good luck all. Jack

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