ABACUS DIRECT CORP. (ABDR) Message Board

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Technology Stocks : ABACUS DIRECT CORP. (ABDR)

ABDR 0.300

0.0%

Nov 19 4:00 PM EST

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To: D. K. G. who wrote (37)	3/30/1998 5:22:00 PM
From: D. K. G.	Read Replies (1) of 60

Case study continued: Another hanging man seen today which suggests a reversal of the current upward trend. It was on low volume of 33,400 shares. March 19th hanging man signal did not prove to be significant - the price advanced another 3 %. The position sold that day recouped the initial capital invested plus another 30%. The remaining 1/2 of the postion still open is pure profit. Will wait for some deterioration in the price on heavy volume before selling - let the winner ride. In any event this has been a good stock to own the past year and 3 months. Surprised its performance did not attract more attention on SI.

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