VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (5686)	11/30/1998 8:24:00 PM
From: Greg McDaniel	Read Replies (1) of 27311

Candlestick today for VLNC is showing a bearish engulfing pattern. I expect it to drift lower Tuesday and Wednesday morning and then let's see if it picks up steam Wednesday afternoon in anticipation of the NI visit. Of course if there is some announcement tomorrow or Wednesday then we could see another lift off ahead of the visit. Other stocks and indexes also have engulfing signals. NASD and oex.x (s&p 500) for example. Onto another topic, ie the visit. Wouldn't the analysts be given a briefing before going on the trip? How much could Lev tell them and stay within the letter of the law?

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