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Strategies & Market Trends : 50% Gains Investing

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To: M. Marquette who wrote (470)	2/8/1998 2:23:00 PM
From: Dale Baker	Read Replies (1) of 118717

I just took a quick look at TA indicators for PTVL. They are all turning downward at the moment: MACD, RSI and Stochastics. On the other hand, these Internet stocks don't trade very rationally. Just be careful. I tried to ride PTVL from 16 to 18 but didn't get filled that day. Now the only firm resistance is at 13, or 4 points down from the last close. XCIT may have topped out, too. If you're going to ride the waves, keep a close eye on the surf.

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