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Technology Stocks : SYQUEST
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To: KiddStock who wrote (5553)2/14/1998 8:30:00 PM
From: MrBuzz  Read Replies (1) of 7685
 
Richard,

Yes, its nice to see the same sort of thinking IBD has with what I have with Syquest. Althought the fundamentalists are screaming sell, the technicals are saying HOLD.

Accumulation/Distribution is ON THE RISE. The beginning of February was the low.

Although there was a short term dip in the 9 month moving average due to Thursdays sell-off, we are RIGHT BACK ON TRACK with the 9 month MA which is steadily moving UP.

The gap will get filled next week.

MrBuzz
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