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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Secret_Agent_Man who wrote (8972)11/24/1998 2:31:00 PM
From: im a survivor  Read Replies (1) of 10786
 
What makes you think it is postioning ? Just curious. Nice little rise here the last few days...can it sustain ? Do you see a bust thru $10 - $12, sideways action in the $9's, or a drop back down to the $7's.

Personally, I think this baby can do something in the short run. If the hype keeps hitting, I would not be surprised to see it break above the $11 range...at that point, I feel it will drop back to $8, or bust thru resistance and hit $15. I think alot depends on the mindset of shareholders that bought in at higher levels...will they get back to even and take their money and run, or will they feel good enough about ALYD to hold on a while longer. Since greed tends to override reason...if we are in a nice upswing, I would thinkmany would hold on and see what happens.

My charts started showing a rise in projected highs and low's several weeks ago. I don't think much has changed as far as paramaters go....the main thing is simply the date...the closer we get to possible problems, the higher the projections will rise. At the same time...as projection rises, so does the risk grade. Although, I now show $6.75 - $15.15 ( big gap shows " speculation " )on the charts...the risk grade dropped 1 spot to a 3f ( speculative...high risk ).

My gut feeling is ALYD will do something short term, but thats just a feeling. Anyway...I am still on the sidelines...but watching intently and cheering this baby on.

Happy Trading.
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