Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: coffee221 who wrote (641)	4/21/1997 4:43:00 PM
From: DDS-OMS	of 6467

Alex TTRIF was short-term oversold 3 weeks ago and I thought we were due for a good move then. Instead, it went from oversold to overbought and back to oversold---all with virtally no change in the stock's price. During these last 3 weeks, however, the intermediate trend has gone from overbought to oversold--so now both short-term and intermediate indicators are oversold.The last time this occured was 3/13, just before a move from 68 cents to 1.22 in 5 days. TTRIF looked strong today in the face of NASDAQ slaughter, IMHO we could move to the $1.65-1.75 area on this move. Longer term, like 2-3 months, we will be getting pretty overbought, and it will take some really powerful news---like a profitable fiscal year---to keep the price from a significant retracement in June/July. Such news is supposed to be on the horizon. Lawrence--hope you read this---great to have enthusiastic new blood on this thread. I think it had been moribund solely because the price has been so flat for the past month---it's been more fun watching grass grow!! I think that is about to change. Regards, Gary

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