BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: Ghassan I. Ghandour who wrote (7131)	11/5/1997 8:52:00 PM
From: Sam Scrutchins	Read Replies (1) of 10836

Ghassan, You post in part: >> Whereas 10 was a "psychological" resitance once broken it vanished, 11 is a real "technical" one and would require several attempts to conquer for good i.e. closing above 11 for several days. << Thanks for getting back to me. I would very much appreciate your telling us why you think 11 is the real technical breakout point, unless you are basically saying that once we get out of the 10s, then we have smoothe sailing. I agree with you. If you go to BIGCHARTS.COM, you can bring up a chart that shows volume by price going back any number of years. I looked at the 3-year and 5-year charts. In both, the 11 level is one where about the least volume occurred. The 10 level is big, and so is the 13-14 level. (I tried to give a URL to these charts, but it didn't work). The following URL is to my basic entry point. Just use the Indicator and Time Frame screens to set up what I am talking about: bigcharts.com Borland performed well today. Let's hope the market holds up, and the stock punches thru the 11 1/2 level. If both do, Borland should go to about 13 near-term. Sam

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