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Non-Tech : IDCO Former Data Broadcasting

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To: 613 who wrote (61)11/20/2002 6:06:00 PM
From: MJ   of 72
 
I tend to take a technical approach with most stocks. Hence did a chart on OBV, RSI, and Momentum indicators. Plug these in to the 120 month duration and you'll see what I am referring to---.

The longterm OBV is as high as it was back when DBCC spiked. Of course we now have IDCO standing alone.

The buyback if it starts at this level would imo put a new floor on the stock.

According to at least one of the market technicians I follow we are in Bull Phase 1. Let's hope this technician is correct and also that IDCO participates in that market as well as it has held up throughout the Bear market.

mj
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