VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tiki Hawkins who wrote (5810)	12/7/1998 6:48:00 PM
From: John Curtis	Read Replies (1) of 27311

Well today was pretty uneventful right up to that last hour when the bid got yanked down on what I consider insignificant volume. Clearly a game is "afoot," or perhaps folks are putting in stop losses which you know MM's will just luuuuuv to dip down and scarf up. Heh! 'Tis to be expected, too, given the past couple of weeks. So with the holiday season upon us I predict we'll hear lot'sa naysayers naysaying, longsters doing their rebuttal "thang" in response, with the stock price probably bouncy bouncing around on small volume as a consequence. And all the while VLNC quietly motors(hopefully) towards p.o.'s and visions of sugarplum glory. Okay, okay, I know. I've just waxed into hyperbolistic exaggeration.....ahem.. Still, TA indicates a minor recovery tomorrow(ie. lower bands being touched and RSI = ~29). So take it for what it's worth. Let's see how tomorrow goes. Meanwhile, how'sa 'bout that CPQ & AWRE breaking out to new highs? Anyone been following them while we wait on VLNC? John~

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