SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 68.29-5.2%2:47 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: White Shoes who wrote ()3/17/2000 9:56:00 PM
From: tahoe_bound  Read Replies (2) of 28311
 
Actually, regarding the $94

The symmetrical breakout is now probably down to $92 or so. It has been going down about 2 points a week. High volume is necessary on a breakout, if it is lame, the odds would then be high that it would be a false breakout. But that is counting the chickens before the egg has hatched. As far as we know, it could tank back to the low 80's right off if the market does not like what they heard / did not hear out of the meeting, as they have been starving for any news.

This is the 4th week in a row now that the Friday high is higher than the last. This is good.

Now what is potentially bad. (1) The hourly OBV is not showing much life. (2) The daily stochastics did not reach what would generally be considered a solid oversold level. (3) The tight bollingers are a 50/50 proposition. Could break either way, nothing is a given.

I will post the comments from Security trader this weekend again. Wish I could post the accompanying chart showing the targets and drawn in pattern lines, but you have to be a subscriber unless it is featured as one of the 6 free dailies. GNET is their spotlighted long term weekly chart. Personally wish I would have taken the profit when it hit their short term target in mid January, when they spotlighted it as a daily stock for a few days, would have saved a lot of grief buying it back cheaper, not to mention beaucoup bucks! But I am not so arrogant as to think I am a perfect timer.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News