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Technology Stocks : Diamond Multimedia

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To: Evan Dimmer who wrote (3406)	2/19/1998 4:13:00 PM
From: Schmedley	Read Replies (2) of 4679

[ this is gaining momentum, getting ready to fly!] I couldn't agree more Evan. The chart dynamics are in place for a nice runup in the next few days to challenge the 13 - 13 3/8 previous highs.Todays Volume is twice average daily on a rising trend with strong product announcements and design awards happening practically every other day. Did you notice the number of daytraders present today that were playing the long side? (as evidenced by the brief selloff during the last 2 minutes)They'll be back tomorrow too as todays chart is going to draw even more of them into the fold! Look what the day traders have done to IDTI in the last 2 or 3 weeks! In short.......I pity the poor fool who's holding DIMD short at this time(because this time the turnaround is for real!) Schmedley

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