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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts?
NEWZ 27.89-2.5%Nov 6 1:39 PM EST

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To: Len Giammetta who wrote (689)11/12/1997 9:20:00 AM
From: Ms. Baby Boomer  Read Replies (1) of 1004
 
>> I have no luck determining how high the price will go.

By using Bollinger Bands with percentages of MA, MACD, and stochastics you can get very close to determining bottoms and tops. Not familiar with Williams %R, looks like between -80/-100 trigger bottom, but that's just a guess.

IMHO as far as INDV's price selling off to these levels, believe the continued selling is a result of the market's interpretation of the recent "merger" news. INDV on it's own 6 mos. ended 6/30 had increased revenues of 40% and decreased losses of 73%. At that rate, it was headed for the black prior to the end of '98. As a trader, investor most positions I take are for maximum percentage gains within 3-6 mos., INDV included. Let's hope the current market's interpretation isn't a lasting one....
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