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Technology Stocks : TSR, Inc. [TSRI] Good Earnings!

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To: TradeOfTheDay who wrote (186)2/19/1998 2:11:00 PM
From: Andrew Furst  Read Replies (2) of 281
 
<<I'm sure with your cheerleading skills , you can move TSRI to new heights.>>

So, that's your prediction? That TSRI will move to new heights? Well, at least you finally gave us a prediction - and before the event actually took place! I'm flattered that you have such a high opinion of my persuasive powers.

Seriously, though - how am I "cheerleading" any more than you are "jeerleading"? I've noticed that when people make negative comments on a stock, they often claim they are being "attacked" by "cheerleaders" if someone tries to objectively debunk those negative remarks. If you feel a stock is overpriced, you should be able to make a case against it that will stand up to objective scrutiny. By defending your negative position via claiming "cheerleading" by the bulls, I'm lead to believe you have a weak argument to the downside.

By the way, I know plenty about technical analysis. Thanks for your "liberal" interpretation of what I meant when I said TA wasn't "my thing". I actually meant I don't have that much faith in it; I'm mainly a fundamentalist. I like TSRI for its management and "Catch/21" tools, as well as the depth of the Y2K problem (still underestimated, IMO). As far as TA goes, I consider only weekly charts to be relevant. To me, each week is one "trading session". This may not be the classic way of analysis, but I feel it works the best.

I predicted here that TSRI would find support in the $25's, with a possible day or two below that (and as I noted, I look at weekly charts, so an "intra-week" slip is not relevant to me). Where's your prediction for a support level (as asked for by others on this thread)? Yeah, I know - you don't owe us anything, you aren't here to educate, yada, yada, yada. I feel that recent action has shaken TSRI stock from some weak hands. That's fine with me. The real investors know how to play this one. Rah, rah.
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