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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (368)5/16/1998 9:44:00 AM
From: Russell Gish  Read Replies (1) of 59879
 
Mark,
Boy the places a person ends up at. I was doing a word search on PLNM and fell in on this thread. Very interesting and entertaining. Let me also extend my appreciation for your info/comments/suggestions and the birth of this thread.
Now with the salutations out of the way I also would like to get a technical read on PLNM. Obviously Fridays action showed excellent support at the $2 range with a lot of profit taking I would guess due to the recent price rise. I'm just curious as to whether or not PLNM can be forecast on a technical basis or if this is going to be a daytraders appetizer. We are talking Internet sector here, so perhpas there is some hype built in also.

Thanks in advance and good luck,

Russ
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