InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 65.70

+0.2%

Feb 6 9:30 AM EST

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To: Hawkmoon who wrote (19081)	5/11/2000 10:50:00 AM
From: rampingup	Read Replies (1) of 28311

TECHNICAL GUYS, tell me what you think...I've already heard all the doom and gloom predictions, so is there another side. I believe market psychology is responsible for this current condition. At the end of last year 99 was the start. Many people were waiting for the y2k issue to pass, and when the market started that climb, which continued into this year so many people just jumped in afraid to miss out on this historic event. The recent fall out is what happens when euphoria wears off and reality sets in. But the melt down in gnet really surprises me, not that it is down, but it has out paced the field. What is next? Will this rally hold? Do the charts point to a reversal? Is there a trading level? I have my own opinions, but I would love to hear what you technical guys think it would take to reverse this VERY ugly chart.

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