InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 84.85

-1.8%

Nov 17 3:59 PM EST

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To: playavermont who wrote (14670)	12/10/1999
From: jon zachary	of 28311

In my opinion we are about to see a extreme vertical appreciation of go2net stock price. in looking at go2net from a technical level, it always follows distinct trading patterns. In other words it trades by the rules. It picks up support where it should, and meets resistance strongly as well. siliconinvestor.com the current trading pattern leads me to believe that a break through old highs is very near. The last 200 hundred days printed a huge double top. like one of the biggest and distinctive ones i have ever seen. (reference above graph) Then it proceded to form a huge double bottom. (reference above graph) At this moment, we have great momentum and support as well as tons of money pouring into the internet and high tech arena. The old highs present a huge resistance level, if we break it, the upside would be tremendous. For an example of what i am speaking of, take a look at a 200 hundred day chart of cmgi. Look what happened when it broke through its old high of 157. siliconinvestor.com also, aol recntly raced up to old highs. notice what happened when it finally hit those levels. It hit a wall of resistance and sold off about 15 %. But it has raced back again to challenge that double top that formed. It looks as if it has the momentum to break it. siliconinvestor.com I would suggest that this analysis might present a great short term trading opportunity for some. don't miss it...

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