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Technology Stocks : Icon CMT Corp. (ICMT)

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To: TERRY MURPHY who wrote (32)	3/24/1998 4:20:00 AM
From: LghtBrgade	Read Replies (1) of 128

No arguments here........I do believe that ICMT has this potential; however, my trading strategies are not just confined to going long and waiting for a stock to rise. I don't see a straight line in the rise to 10-20, I see a rise with many dips on the trend up (as with any stock). It was a nice ride up in the last few sessions for ICMT, but unfortunately I believe it is going to be hit by profit taking. No stock can go straight up without seeing some form of retreat. This I believe is going to be the case for ICMT, it is going to see some natural profit taking. This is nothing to be alarmed about. I just believe in making as you can on any stock, and that forces me to sell now, wait a few days and buy it back for a cheaper price, which I believe is going to be the case, I predict a 2-3 day downtrend until ICMT starts to climb back up again...........Good luck to you all

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