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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Matthew Leo who wrote (518)6/9/1997 5:11:00 PM
From: Paul Dubsky   of 27311
 
Market Psychology. It's as difficult to understand as trading itself! From the looks of the charts, I think Don W. has a point. When this one breaks 10, we're off! And, based on todays trading, I truly think we can break it this week, maybe as early as tomorrow! Very strong day today. 2 steps forward, 1 step back. If we keep up these types of moves, it's 3 steps forward, 1 step back. 10 is going to be distant memory in a not so long time. Next stop, 12, then 16.
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