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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: AugustWest who wrote (1032)2/24/1998 6:20:00 PM
From: TLindt  Read Replies (2) of 3183
 
A.W. If and this is a big IF.....history repeats itself...and the market just don't shoot the moon here....and excite cracks below the 50DMA there is no rush...it will be here for a while as those that bought higher...get disappointed and impatient and move on....I believe that has a lot to do with these cycles I'm observing....JMO.

At least that's what those charts tell me....it's like that CKFR wave but much bigger...and higher angle. Yahoo leads the cycle I've observed so I'm not jumping until I SEE it set itself up again.

And this is just the way I'VE been playing this....as for SEEK get a good day you'll see higher numbers...but I think you know how I personally feel about that company.......I HATE IT!...but will trade anything for a cash profit.

You want a project?...look at the excite chart in micro.....and tell me in %age terms how far it goes below the 50DMA...when she dips. Might even convince me to set my buy 1/2 way into that percent for the bulk of the position.

BTW do you know anything about Lycos?
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