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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who started this subject11/7/2000 3:26:30 PM
From: art slott  Read Replies (1) of 8925
 
By: telemark $$$
Reply To: 61889 by phila88 $$$$ Tuesday, 7 Nov 2000 at 11:28 AM EST
Post # of 61914
phila...on the subject of IATV

Agree with you regarding the cup with handle, and buying
at around 10 (and above)---there should be support here.
In between now and then, the 13dma will move up rapidly,
while the 50dma will soon begin dropping more quickly,
providing the scenario for the the 13dma to break above
the 50dma in the very near future. In anticipation of
this, the stock price should move up ahead of the actual
event. The 50dma should turn positive in mid-December.
The earnings release this Friday, and the Western Cable
Show, should be the catalysts that put this in motion.
The chart is pretty dramatic, with the 200 and the 13dma's,
preparing to pincher the 100 and 50dma's. Looks great.

207.61.23.98.
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