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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: paul e thomas who wrote (11605)5/17/1998 1:42:00 PM
From: j g cordes  Read Replies (1) of 13949
 
Paul, I just looked closely at IMRS charts. Its intercepting its 200 day moa support, which in the past its dipped about 2points under before charging ahead. Money flow is picking up for the first time in a long while and its occilators are beaten down pretty low ready for a rebound. 21 1/2 to 22 1/2 looks good to me, but since I don't follow this stocks business, what's made it drop so precipitously from its highs?

If you will please take as negative a stand as you can saying why its fallen, it will help.. I'm a contrarian by nature so don't worry. <g>

Jim
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