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Pastimes : CNBC -- critique.

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To: Early Out who wrote (5135)3/24/2000 12:34:00 PM
From: Yogizuna  Read Replies (1) of 17683
 
At the end of last May though, the stock was in a trading range, and deeply oversold near the end of that month. Since then, it has steadily risen, and now the stock is getting parabolic in it's rising pattern. That is danger territory my friend, but it does not completely rule out a further rise. The technical analysis on the stock is approaching overbought territory, so caution from now on until it corrects again is warranted in my opinion.
Another analyst on CNBC less than five minutes ago (Papp?) just advised to sell some if you own it. The tide is turning against you! :^) Yogi
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