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Technology Stocks : Source Media SRCM

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To: MW who wrote (1443)	10/28/1998 3:13:00 AM
From: GR	Read Replies (2) of 3015

The bad news is that it closed lower than it opened=usually a bearish indicator especially when we are near overbought territory.The good news;we have not had a true sell signal.Stoi is still not overbought(79,78);and more importantly directional movement is STRONGLY trending positive.Volume is still 5x normal.RSI is overbought at 83.MY guess-accumulation based on insider knowledge of strongly positive impending news.I still think a test of 17-20 can occur in this uptrend.The volume alone is a signal that should caution anyone to not be short at this time.

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