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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: gancho who wrote (21076)8/15/2000 8:32:07 PM
From: Zeev Hed  Read Replies (2) of 27311
 
gancho, Zeev Hed also raised a "yellow flag" on the last breach $30 and an outright sell if $26 or so was breached (I could not get out "fast enough" and had to take something north of $24). By now you should know that my opinion and "projections" are not rigid, the market is smarter than I am, and I humbly comply to what it tells me. Right now, I still have VLNC on the "danger list" together with SCON and CDTS. My current target is still a retest of $13.5 with a potential run to $11 in a spike manner like earlier this year. The last failure to hold $20 was my most recent sell signal. Tomorrow, who knows, I might even have a buy on it (g).

Zeev
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