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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 680.44+0.6%Dec 19 4:00 PM EST
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To: j g cordes who wrote (19361)1/13/1999 12:27:00 PM
From: mattie  Read Replies (2) of 69126
 
J, can you give me a breif history on why IDC has not participated in the net run. Earnings est look great from Zacks, growing 50% and profitable, but the stock has certainly been under pressure and looking at the 2 year chart looks to be making a head and shoulders with 8 at the bottom.

It does look very cheap and if the stock can reverse its down move it could go a lot higher. I may join you.

Thanks

ps, the 2 year chart tscn.com
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