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Technology Stocks : INFOSEEK (GO)
GO 10.55+2.9%Nov 21 9:30 AM EST

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To: cm who wrote (7336)7/29/1998 1:05:00 AM
From: SkyDart  Read Replies (1) of 9343
 
cm:

SEEK is poised for its next big move from a TA standpoint. The MACD seems to be ending the downward momentum, and the RSI is the lowest since the beginning of the last move to 42. Also we have confirming signals in the CCI and stochastics. The August 40 calls are quite cheap at 3/16. Currently I am buying up all the SEEK I can get and will buy more if it goes to 23 [Doubt it will go that low].

To all of the bears and shorts: Reread the posts in March and don't get burned again; This time the train won't stop at 40. Next move, IMO, is 50 to 60.

Good luck to all,

Jeff
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