Inktomi (INKT) Message Board

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Technology Stocks : Inktomi (INKT)

INKT 13.97

+1.1%

Nov 12 3:35 PM EST

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To: Sepster who wrote (725)	1/18/1999 7:47:00 AM
From: Miguel Octavio	Read Replies (1) of 1945

The TRIX is a technical indicator that tries to smooth out short term fluctuations. Programs like Metastock have it preprogrammed. It is a triple exponential average. I find it very useful for predicting long term trends in the market at stocks. More recently I have been using it to predict target prices by looking at how much the stock moved when the TRIX oscillator was roughly in the same position in the last up cycle. It seems to work fairly well. Right now the TRIX is saying that both INKT and DELL should do well in the next few weeks. It also says that most of the market will stop going up soon except for pharmaceutical stocks which have not joined this rally. Miguel

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