ASK Vendit Off Topic Questions Message Board

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Pastimes : ASK Vendit Off Topic Questions

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To: Vendit™ who wrote (11318)	4/11/2000 4:59:00 PM
From: RocketMan	Read Replies (2) of 19374

On IP, looks to me like the news was built into the stock, and it has been topping, as the 6-month chart shows. I think it will need to retest 34, which will probably coincide with a naz rally. I expect that to happen within a month. On Bollinger, yes, he was on cnbs today and showed a new chart that I had not seen before, and I forget what he was measuring. But it indicated oversold conditions three times, once in 92 I believe, one in 98, and this one. He said that the naz is looking for a bottom, and he does not know where or when that will be, but that we are oversold.

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