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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (3599)8/9/1998 8:40:00 PM
From: Pallisard  Read Replies (3) of 27311
 
To Mark Visnic:

Review the link in the previous post by Greg McDaniels and you'll see
that on the days you're talking about, Vlnc gapped up 5+% and 8.1%.
That neutralizes the downside action you're talking about. The whole
price movement scheme on those days is academic, mostly MM manipulation.
The chart you referenced is neither bearish nor bullish, elementary
charting analysis, and I truly can't understand why you even mention
it. Unless (1) you're not knowledgeable about charting analysis or
(2) you thought I'd be a good candidate for stimulating doubt about
my position. Actually I always reserve a healthy amount of doubt about
my positions and review them constantly. That's why I make money.

QUESTION: Do you have any financial interest in VLNC? Short or long?
If not, why are you posting here? i.e. What do you hope to gain,
prestiege, relief of guilt, feelings of power thru influence?

Pallisard
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