VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (19426)	4/29/2000 10:18:00 AM
From: John Curtis	Read Replies (1) of 27311

Zeev: "It should have gone back to at least test the $18/$19 area" Good point. It did. Although it didn't do this yesterday. A couple of days back though it did. Now I'll grant I haven't had much time, yesterday excepting, to track this equities intra-day movements, but those times I've managed to catch the action the underlying dynamic appeared, and appears, to be one of a game of attrition between "camps". So even though the TA signals a very weak condition at this point; the machinations of the players indicate TA may be giving a somewhat false reading. Bottom line? VLNC continues to fascinate, from a onlookers standpoint. Even if that fascination tends to walk hand-n-hand with a large bottle of TUMS. ;-) By the way, I too am interested in seeing how the financials unfold between now and years end(does this mean we live dull lives? Heh). Now to get outside and enjoy the day. Ohh, by the way, I see somebody over on Raging Bull made a comment about the explosion of the outstanding short position...whoosh...this explains a certain amount of the slide...it's over 4 Million: 4,158,600 to be exact. viwes.com Regards! John~

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