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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: RJC2006 who wrote (98)12/1/1996 2:06:00 PM
From: Nutty Buddy   of 432
 
Bullish on GT Interactive!

Technically(visually) speaking, GT looks very bullish. It's daily MACD and stochastics charts have just turned positive and are breaking out from oversold levels. I bought it at 13 (jumping the gun a tad), but am confident of it's short term prospects. Hold it until these visual aspects turn negative, then sell. GT is undeniably a roller coaster of a stock, but that is good for short term investors because it presents opportunities frequently and works well with the indicators. Fundamentally, I could care less. This is not a stock to hold long term at this juncture.
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