3DFX Message Board - Msg: 4773752

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Technology Stocks : 3DFX

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To: Chip Anderson who wrote (3814)	6/8/1998 4:43:00 PM
From: Chip Anderson	Read Replies (1) of 16960

Two additional things now make TDFX a screaming technical buy: 1.) It just moved back up above the 200-day moving average. 2.) Breaking above good resistance at 20, after forming a double-bottom pattern. While there are a fair number of people that buy stocks based solely on technical indicators and recent stock action (and I think some of them will buy TDFX tomorrow AM), there are even more people that use technical indicators like MACD to generate a list of stocks to "research." Again I think TDFX will show up on a lot of those lists starting tomorrow. I'll be watching tomorrow's volume pattern with great interest. Chip

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