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Technology Stocks : Research Frontiers (REFR)
REFR 1.847-1.2%Nov 14 9:30 AM EST

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To: Bear Down who wrote (1177)12/12/1998 9:35:00 AM
From: RMP  Read Replies (1) of 50167
 
The information below is from Market Edge weekly second opinion and is strictly a technical analysis of REFR.

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a WEAK DOWNWARD TREND
Relative Strength is NEUTRAL
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is falling which is BEARISH

RECOMMENDATION

STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = 0
IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION
STOCK IS NOT A SHORT SALE CANDIDATE

I have been long REFR for a while and am willing to wait patiently for this to break out and increase my net worth. It has always been my contention that this stock is very risky and anyone investing money here should be prepared to loose it all. On the other had, the potential reward is compelling.

If your comfortable shorting this that's ok with me. My problem with your comments is that you say you will continue to short all the way up. More power to you! That type of investment philosophy is just as foolish as the longs saying will keep buying no mater what.

First rule of investing: NEVER FALL IN LOVE WITH A STOCK (long or short).

Let's have less cheering/name calling on this board and more constructive posts, both negative and positive.
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