Activision....Returns! Message Board

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Technology Stocks : Activision....Returns!

ATVI 94.42

0.0%

Oct 13 5:00 PM EST

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To: Burlitis who wrote (1689)	4/27/2000 3:49:00 PM
From: Tom Caruthers	Read Replies (1) of 1992

Hi Alex, I nibbled on ATVI today for a short term play because it looks like a small rally is in order. Not a large position because I don't know what is in store for next week. Markets have been generally strong. Looking at many of the charts, especially for tech,I forsee one of two things happening in the next session or two. Most stocks I have taken a look at are at a critical juncture right now whose trend will be decided in the next day or two. If stocks continue to advance, the downtrend that has been going on for the last month will end here and it will be time to buy in for the long term. However, my feeling is that stocks, despite this current bullish mood, will not be able to hang on to these gains, and will drop precipitously next week. If that happens, then ATVI will drop also, so be careful! Take care and good luck! Tom

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