OnSale Inc. Message Board

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Technology Stocks : OnSale Inc.

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To: Apache Indian who wrote (2905)	12/28/1998 9:45:00 PM
From: Colin Cody	Read Replies (1) of 4903

The stock was down 4 points today on volume double that of the last day's trading (it was a half day on Thursday). The volume increased markedly at 2:15pm when the price dropped below $59... and went lower. The trend is now down. The Stochastic crossed down on Tuesday of last week and has gone lower each day since then. I suspect the MACD line will cross into negative tomorrow. This stock traded at $36 10 sessions ago. We are $20 higher today. We have a lot of room below just for profit taking, that will continue the current trend. Rather than bicker, S.I. readers should digest what is said and act accordingly. When/if the stock is under $40 again, we can all buy it and make a good lick on the next ride up. Colin

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