3DFX Message Board - Msg: 5096567

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Technology Stocks : 3DFX

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To: Chip Anderson who wrote (5048)	7/4/1998 12:20:00 AM
From: Chip Anderson	Read Replies (2) of 16960

Just updated my TDFX chart: coolhistory.com There were two important but conflicting technical signals generated on Thursday. The MACD indicator generated and mid-term "Buy" signal, but the 200-day moving average crossed the 50-day moving average generating a long-term "Sell" signal. Because of the MACD signal, Technicians who know nothing about the company may check out the TDFX chart this weekend. Short term technicians may do some buying on Monday, but the longer term investors may shy away until the price is closer to the 200-day moving average IMHO. FWIW, Chip coolhistory.com

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