JTS- "A Nordic Drive in Every PC and laptop" Message Board

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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: osvaldo diaz-christians who wrote (738)	5/8/1997 10:18:00 AM
From: ivan solotaroff	of 1985

The classic technician's read of what happened in the 2.7 million day is, quite simply, a bottom: People had been selling for months and the price went down. They went on selling during the course of that day, only now there were enough buyers to protect the bid--a very bullish indication. Even if it had gone down 1/16, the same would have been true to the technician: Huge volume of a plummeting issue with no further progress on the downside is a sign of the bottom. The only difference is that 1 1/2, for the moment, remains a support line. if it gets crossed on the way down, look out below, but for the meantime, this guy looks like a strong technical buy. Good luck to all holders.

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