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Technology Stocks : 3DFX
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To: Paul A who wrote (4144)6/17/1998 11:44:00 PM
From: Mike Sesan  Read Replies (1) of 16960
 
Paul,

Thanks for the update on corporate.

As most of us on this thread are long we are now overdue for some reward. WE have been beat up and whip sawed around to say the least. The positive thought is the hope that there is still alot of shorted shares out there. If we can hold tomorrow and get a good solid move up without alot of volatility my hope will become stronger.

From a TA standpoint my Stochastic reading is 23 which could indicate a slight move further down. When the Stochastic breaks 20 on the downside and makes a move back above 20 TA Stochastic players will enter. On my last message we were overbought because the Stochastic was over 80. I hope we just touch Stochastic 20 tomorrow and then move write up because players that use Trade Station real time Stochastics will generate a buy signal live and buy at that moment if this occurs.

Just my .02
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