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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: JOE MEDSKER who wrote (3917)1/26/1998 8:38:00 PM
From: Pr-Ac Man  Read Replies (2) of 4489
 
I don't consider DCI a long term investment, just till the end of this year

Joe:

For me, a year is a long-term investment, but I understand your point. It's your belief, then, that DCI will be sold (either intact or in pieces) this year?

I was just looking at the chart. Today was the best move in quite sometime, and it's interesting to note that we crashed through the 50MA, and any further upward movement will take us through the 100MA. I know that there are mixed feelings about the application of TA to volatile BB stocks. But many lurkers, I believe, will interpret the upward penetration of key MA's as evidence of a new trend. A lot of things seem to be falling into place right now, both fundamentally and technically.

PA
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