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Technology Stocks : Data Dimensions

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To: Staff who wrote (2168)	7/16/1997 10:52:00 AM
From: TA Trader	of 4571

Staff, I knew I could wake you up even if I can't convince you to being long. First of all it's good to learn that you feel that technical analysis is all "crapola". I need that to succeed in what I do. Therefore, you are not even qualified to state the technical picture of DDIM as you have, and of course it shows!. This stock has not broken any long term average. It merely broke down from it's 50 MA which is no big deal. Technically, DDIM HAS to and it is very constructive that it consolidate its 400% move earlier this year from 8 to 32. This consolidation is now taking place and it shows no signs of distribution. It could take 1-2 months to complete and that is why I posted a few weeks back that I expected this consolidation in the 20 -26 trading range to last into August. In other words so far so good. I'm a buyer in the low 20's only and have done so 3 times recently. I will continue to do so if it pulls back to this level. Don't worry about my having to throw darts to make money, I'm doing quite well in the tech sector being long. Your real concern should be "Why am I shorting anything in the greatest bull market in history"

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