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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (12334)2/24/1998 9:24:00 AM
From: Trader X  Read Replies (1) of 17305
 
A lot of times, especially during a major price reversal,

the fundamentals do not jive with the developing technical picture.
That's not to say that ASMIF is definately in a turnaround mode technically. The chart seems to support that idea, but until it's confirmed it's only speculation.

When the fundamental case is that poor, then it's even more imperative that investors await a technical confirmation before plowing money into the issue.

-kh
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