Clearstation thread.....From : freeheeler
Aug 17 2000 7:14AM
Title : Technicals and fundamentals looking strong (Long Recommendation)
Worden's TC2000 proprietary technical indicators - TSV (time segmented volume), MS (money stream) and BOP (balance
of power), are all extremely bullish now.
The MS (similar to OBV) is at an all-time high and climbing. TSV, which "essentially measures the amount of money flowing
in or out of a particular stock," is showing extremely bullish divergence; TSV is higher now than it was when LNUX's share
price was over $60 in early May, and TSV is climbing. BOP, which "tells you whether the underlying action in the trading of a
stock is characterized by systematic buying (accumulation) or systematic selling (distribution)," is extremely strong, showing
that systematic buying (likely from mutual funds) is occuring.
"Now that Linux stocks are affordable again, it's time to reassess the Linux market as a whole," is the premise of the article,
"A Second Look at Linux," from Business Week On-Line, dated 8/15/00:
personalwealth.com
My favorite lines from this article: "One of the last holdouts, Hewlett-Packard (HWP), announced on Aug. 14 that it had
adopted Linux as a strategic operating system. 'Linux has arrived,' says Jim Bell, director of HP's Open Source and Linux
Operations."
In at 29 5/8, stop set at 36, buying more on any pullback. I look forward to great gains, although LNUX has an extreme
amount of investor overhead - all the way to 320! |
