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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: DD™ who wrote (2031)9/23/1997 1:28:00 PM
From: Jeffrey L. Henken   of 3431
 
You know I also struggle a bit with TA. But when you follow a stock as close as I do GEMS you get a real feel for the movement and momemtum changes. Recently I started to subscribe to Market Edge's Second Opinion which does a real nice job with the TA. But everyone has a little different idea of what indicator should carry the most weight in an investment situation. I find with Second Opinion they are a little slow in recognizing the improvement in a technical situation. I am going to tak a minute and check where resistance is for the upswing. Back in a bit! It's at 16.55. It might take a bit of positive news to get us back above that level. We will see. For now I and my 1700 shares are happy to see an increase in share price! Regards, Jeff
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