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Technology Stocks : BORL: Time to BUY!

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To: TTOSBT who wrote (10233)4/27/1998 11:17:00 PM
From: shane forbes  Read Replies (1) of 10836
 
TTOSBT:

RE: They say if a stock price does the same thing three times that's a STRONG indication where it's going. Well today was the third move up on volume.

I've heard this thing before. My only question is what if we hit 11 3/4 and then for the third time start going backwards... :-(

Tough for me to believe the "not too much time left to get in this stock" argument. My guess is at the very least on a day when the market drops 2.5% or so they could have left it alone.

No, I think this was news driven or rumor driven. Take your pick. I think we'll find out soon.

The best scenario to me is that this is the start of a long term trend and the upswing last week and the subsequent pull-backs were just the normal phases of a breakout. I don't quite believe this line of thought but that's what I would like to believe.

Anyway long term, long term... ad nauseum

Shane.
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