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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (278)11/5/1997 10:13:00 AM
From: Dale Baker   of 904
 
CDRD's opening "rallies" are getting weaker and weaker: 21 1/4 yesterday, 20 7/8 today. I don't mind CDRD dropping a fraction every day if the direction is consistent. Just imagine what will happen if the convertible holders slam it all at once before next Friday...

BTW, when you use MACD indicators, do you rely more on the 1-year weekly view or a 3-month daily? Haven't decided yet which is more reliable though I am impressed by how often the 3-month indicators follow tops and bottoms.

Thanks.
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