InfoSpace (INSP): Where GNET went! Message Board

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

INSP 97.89

+1.5%

Dec 22 3:59 PM EST

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To: tahoe_bound who wrote (19342)	5/26/2000 1:25:00 AM
From: Hawkmoon	Read Replies (2) of 28311

I understand... bollinger bands are only an indicator that a major move is about to occur that will break the stand off between buyers and seller (shorts). siliconinvestor.com According to the chart above, we're still within the "pinch" as of the close today. However, I was also incorporating the weekly chart in order to try to confirm whether were in for a reversal of trend: siliconinvestor.com All these charts are telling us that we are close to the bottom. The weekly chart is approaching previous oversold conditions on the Williams% where reversals took place. Now we could go to absolutely "0" on the William%, but I was thinking that with a strong market rally today, we were setting up for a nice recovery. But tomorrow will be the key. If we rally strong on the Dow or at least hold our own at these levels, we stand a chance of putting in a triple bottom at the 10,243 level: siliconinvestor.com And the Nasdaq can rally from here as well since today's retracement is still higher than the bottom we hit yesterday intraday. It all depends on volume and lots of it... and holding current levels ahead of a 3 day weekend (when generally people don't want to hold for so long, especially since Monday's have been so ugly as of late). Pray for volume...and a 90% upside day sometime before the end of the month. Regards, Ron

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