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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (4621)12/18/1998 1:48:00 PM
From: SpecialK  Read Replies (1) of 43080
 
IDTC - up almost 2 to 15 7/8.

Lands End signs ecommerce deal.
For at least one day, I feel good.
There is supposed to be a lot of good news coming out in the next few weeks, re: IPO of Net2Phone.

Look at a chart of this stock, it has a history of falling down and rising fast. Today's upturn could be a signal that the tide is turning. Maybe you let some profit takers pull it back early next week. The stochastics are heavily oversold, but today's action probably signals a crossing of the 20 line. MACD will show improvement with today's action as well. and a return to at least 0 line.

LOOK AT THE CHART >> buying opportunity.

Ketan
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