SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFOSEEK (GO)
GO 9.635+1.0%Jan 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DoggieDude who wrote (7400)7/29/1998 11:26:00 PM
From: SkyDart   of 9343
 
Well said. I also believe we need a bit of a catalyst to get SEEK moving back up. The TA shows the stock to be VERY oversold. The relative strength is below 20 and at the lowest level since just before it's last move upward. The MACD has about run its downward course and is showing an imminent reversal. The CCI is showing a buy signal.

While I agree with you that some catalyst is necessary, we probably disagree on the magnitude of what is required. At these oversold levels, any news release by Disney, or tandem move in conjunction with another SE [ie Geocities IPO] or positive earnings release from Lycos should send SEEK flying. And once the momentum starts, and the momentum guys jump on board [as they cannot help but do], and the shorts scramble to cover, we will see a nuclear chain reaction... Just my opinion.

Good luck,

Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News