C-Cube Message Board - Msg: 3068552

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube

CUBE 37.54

+1.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DiViT who wrote (27319)	12/31/1997 3:25:00 PM
From: Rarebird	Read Replies (1) of 50808

David, you won't believe it till it happens: Cube at $8-$10 a share in the first half of 98. Technical analysis cannot predict closing prices on specific dates during the year. Without getting into a dissertation here ( as we have tickets to the " King and I " tonight- Broadway baby! ) Technical analysis gives one price targets, on the upside and downside, based on previous price history and relative strength ( This is not complete- I'm in a rush ). I combine it at times in an unorthodox way ( Pure technicians don't like me either ) with global and fundamental analysis. My analysis at this point has no axe to grind. I've covered my short and have presently no financial stake in Cube. I myself mistakenly thought Cube would have a counter-trend rally a couple of points higher. The fact is the Selling is Real and cannot be explained by tax selling. I've given the thread the next level of support. I doubt $16 will hold or $15. Cube filled a gap to $16.75 yesterday. The old support is now resistance. Cube is in alot more trouble short term than even I thought. New lows are in the offering!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next