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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 130.56-5.0%Dec 12 3:59 PM EST
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To: jon zachary who wrote (17589)3/17/2000 7:51:00 PM
From: Dr. Zax  Read Replies (2) of 28311
 
94 will be anti-climatic.

Is has to be -- it sounds like you guys are expecting a huge runnup once we hit 94. Sounds to me like you might be disappointed with even 3% on the day it goes above 94. 94 doesn't mean that much. I follow TA, I watch it, and yes there is certainly some weight behind the 94 number.... but it isn't GNET's savior.

In TA, I'll look for a solid MACD and a close above the 50DMA on high volume (which we did today except for the high volume part). Otherwise I will be worried if it goes below 78 on high volume. This stock will be fine, and 94 doesn't mean all that much.

I also like the narrowing bol. bands on the one year chart. This is a good sign of things to come.

Dr.Zax
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