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Non-Tech : The Critical Investing Workshop

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To: Mannie who wrote (6949)3/11/2000 7:28:00 PM
From: Jim Willie CB  Read Replies (1) of 35685
 
yes, GMGC, last weekend did a TA for Wstera_2 on the little pup

Message 13052404

in this prophetic blurb, I said GMGC is likely to complete a third Elliott Wave upleg, peaking somewhere around 17-18

it got to 18-3/4 and closed at 17-5/16 on friday
it looks tired for a little pup
on other hand, money flow has yet to wane, relative strength is still solid, and daily stochastics are still swinging upward

this puppy will surely grow up to be a big dog in next few years

definooshuns:
money flojo = amount of money traded (volume times price)
relative strenk = pct moves divided by S&P pct moves
daily socrates = degree to which it closes toward daily high

Genl Magic might make another run toward 20
but it is late in the game for this expansive run
it held over half its friday's gain, good sign for another

I will give 2:1 odds that GMGC will be available for 14 and change in the next three weeks
now dont nobody go shorting the little pup
give her room to come down gently
/ jim
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