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Technology Stocks : Dupont Photomasks (DPMI)

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To: William H. Ferguson who wrote (448)3/30/1998 1:07:00 PM
From: Duane L. Olson  Read Replies (2) of 955
 
William...to follow up:
207.95.154.130
Check this chart on DPMI... last Friday, the stochastics did a "reversal under 20" ((a crossover of the "D" Line by the "K" line)), which is considered quite Bullish.
Enough people BELIEVE that interpretation that their actions drive the stock up on Monday. And the upward movement on volume encourages the "Momentum" players.. So the charts are "predictive" in a sense, but mainly they are "REFLECTIVE" of market internals (investor decisions).. All, for what it's worth...with the caveat that you paid zero :-) And the reputation of TSO includes a few "doozies" that got him his name <gg>> good luck... TSO
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