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Technology Stocks : InfoSpace.com
INSP 86.37-0.4%3:59 PM EST
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To: Don Green who wrote (1771)3/29/2000 8:44:00 PM
From: Spytrdr  Read Replies (1) of 3070
 
the stock made a shooting star on march 3, and then proceeded to break the 10-day moving average, and then the 20-dma.
when a stock has ZERO fundamentals, what do you rely on? hype and charts.
once charts began to point the wrong way, the momentum crowd was stopped out and jumped off.
other trigger events were Yahoo with its mobile initiative, the MSTR and VNTR horror shows creating fear among the hot air balloon sector, and a few s.i. posters adding fuel to the fire.
:-)

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"What caused Infospace to recently fall off the Gravy train?"
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