IDTI - an IC Play on Growth Markets Message Board

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 : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob S. who wrote (6265)	2/2/1998 7:57:00 PM
From: Frank A. Ryder	Read Replies (1) of 11555

Rob I agree with you entirely. Stocks never go up in a straight line even though the fundamentals and the TA look good. A retracement of the recent move of 4+ points could possibly result in a downward move of up to 2 points which would represent almost 50%. Given the conditions of the sentiment of the market and the strength of the techs I would expect any move to the downside to be small and shortlived. My guess is 12.5 in the short term may be a buying opportunity. IDTI right now is gaining strenght based on the amount of volume it recently has been trading. Barring any major changes in the market the long term positive trend seems to remain intact.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next