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Technology Stocks : GoTo.com, promising Internet search engine
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To: brk who wrote (647)7/13/2000 3:27:44 PM
From: Yogizuna  Read Replies (1) of 977
 
The daily chart on CNET was extremely oversold yesterday, and is still moderately oversold even now, however the hourly chart is now becoming overbought. The weekly chart is still in good shape being moderately to extremely oversold at this point.
With LCOS, the daily chart is still oversold, while the hourly is just beginning to become overbought. I like CNET better on the dips at this point out of the two. The hourly chart on GOTO is now reaching extremely overbought conditions, but the daily and weekly charts are still in good shape so far. GOTO is still a buy on the dips at this point, especially if we can get the hourly chart oversold again..... Yogi
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