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Technology Stocks : Raptor - Where does it go NOW?
RAPT 57.70+0.1%Jan 30 3:59 PM EST

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To: GW who wrote (458)8/17/1997 2:00:00 PM
From: Bosco   of 652
 
hello all - it is interesting that RAPT has formed its own trading space, oblivious to the general mkt conditions (that does not mean it won't go down if there is a general mkt correction, however).

I was in @ 12+, which is a major resistence area. For those who are technically oriented, it may be worthwhile to watch how it behaves this week. It seems to have strong support @ 10+. I took a quick look @ the chart, it seems to be form a near term (weird looking) double bottom; however, other technical indicators, such MACD etc, are still a bit premature. But then, early birds catch the worm <G>

disclaimer: I am a technical newbie, so I apologize for any misreading. And definitely caveat emptor!

rgds Bosco
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