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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 84.85-1.8%Nov 17 3:59 PM EST

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To: Sir Auric Goldfinger who wrote (1091)1/25/1999 1:46:00 AM
From: ruscoop  Read Replies (1) of 28311
 
I just graphed YHOO price trends from March 16, 1998 to today. Then I calculated the maximum return obtainable by: 1) buying at the lowest price and holding to the maximum price, and 2) buying at the "lowest lows" and selling at the "highest highs"; there were 7 cycles in the smoothed-out curve I analyzed.

Results for $1,000 initial investment: long yield - $10,000; shorts yield - $53,000. Does this sound right to you? I was quite impressed with the symmetry of the parabolic crests and troughs of the curve; looks like one would stand a better chance of hitting the shorts than hitting the maximum long. I haven't found any other stock that fits this pattern as well to date. I may have just reformed myself.

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