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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Ron logo who wrote (2830)5/4/1998 1:32:00 AM
From: Lawrence Burg  Read Replies (1) of 3307
 
Some great discussion here. Nice nutshell speculation by Jesse. I'm happy to see a mix of TA w/FA, also.

Action the past 2 weeks has attracted my attention. Didn't play the last spike, but am watching the retrench very closely. Only from a TA perspective. I don't see it as "way oversold". Yet. Most oscillators I'm watching have some more room to slide CCI8, RSI8, Combined Stoch. I'm also tight on the OBV which continues to rise strongly despite the price decline(fits rather nicely w/a dulition/liquidation theory).

I see some more lateral to downside action in the price. But sometime in the next 2 weeks, the oversold indication will be more firmly in place & the price should rise again. Maybe sharply, as some suspect. So, if I could extend my personal hold window to a month+, I'll buy some. Most likely I'll try to fine tune my entry by waiting for the oscillators to bottom out. Hope I don't miss another boat :-).
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