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Technology Stocks : Icon CMT Corp. (ICMT)

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To: Maxwell Fashola who wrote (40)	3/27/1998 1:15:00 AM
From: Toby Zidle	Read Replies (1) of 128

Next resistance at $20?? You say!! The next resistance is around $17 3/4, which is the highest ICMT has traded since its IPO. IF the stock passes $17 3/4, the next resistance isn't defined until the stock stops going up and then pulls back. That new high will be the next resistance at that time. To say the next resistance is $20 is just pulling a number transparently out of the air. After $17 3/4, the next resistance could be $18 3/4 or it could be $23 ... or anything else the stock action tells us. Right now, the action hasn't said a thing about it. [And if you want to say that I, too, don't know what the hell I'm talking about, that's ok .... it's your opinion and you're entitled to it. Just don't expect to generate much credibility in your future postings. In other words, take heed of LghtBrgade's good advice.]

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