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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (6131)3/16/2001 3:31:41 PM
From: robert b furman  Read Replies (1) of 8925
 
Hi T,

Thank you for the analysis.

Am watching on "active streamer".Wondering if quick spike down that formed doji will be retested over a longer time period,or as you say a great trap for the shorts to get sucker punched on.

If it is a at trap it should pop out quickly next week.

If a 2b bottom? - it could be slow water torture over a longer time frame and a great value play entry point(at 12 3/4).Will watch closely - this is as close to a blue chip stock as I've ever been??!!??

Thanks again for the analysis.

Bob
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