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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: coffee221 who wrote (835)5/29/1997 10:58:00 PM
From: DDS-OMS   of 6467
 
Alex,

No way of knowing--TTRIF hit the wave 4 target low in 1 day, whereas usually it takes days or weeks with larger, pricier stocks. TTRIF is a "story" stock now--if TTRIF announces something credible and significant next week, you could see a wave 5 high in a week or two. If no news is forthcoming--it could go sideways for a while.
If it starts going back up again tomorrow, don't think that would be too healthy. So, what I would like to see is sideways action for a week or so, but the stock is so volatile that probably wont happen. Just have to watch it as close as possible and adjust or react equally as quickly to whatever unfolds. Sorry for no specific answer to your question, but I dont think anyone can know for sure, but I dont think it will take a "couple of months or so".

Regards,
Gary
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