VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tmoore who wrote (5849)	12/9/1998 8:07:00 AM
From: hcirteg	Read Replies (2) of 27311

Hey all- I am convinced more than ever that we longs will win the game...and pretty soon. IF the analysts didn't like what they saw, then I beleive the stock would have made a bigger drop OR at least not bounce all the way back to 8+ by the end of the day. For you non-TA'ers, this is called filling the gap and it did a great job of this yesterday. My guess for today: Lower at the open as the MM's try to shake a few shares out at 7 1/2 and we close at 8 1/4 or higher. We WILL retest that 11 1/4 high. If Dorothy was to follow the yellow brick road, then we are best to follow the chart! I love bounces off resistance and this stock is becoming alot of fun to day trade. Hold the shares though...just play the options for short term. Good Luck! HC

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