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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (10716)4/25/1999 2:43:00 PM
From: John Curtis  Read Replies (1) of 27311
 
Larry: You, of course, must realize that this same "game" can be played as it relates to the bears continual "sky is falling, sky is falling" over the same time period, eh?

Clearly team VLNC ain't paying any attention to either group(although I'll bet some of the team players review the threads for amusement, ;-)). So how will the new week unfold? Will VLNC do what's become predictable over these past 4 months and pull back to the sub $7 level? Will it stay where it is? Will it move ahead? My bet's on a 5th repeat of the bounded pattern within which VLNC's currently stuck, although my "gut" says the "tape" is stating more, and more interesting things, and let's not forget money flow indicators are registering some intriguing possibilities.

But if it goes back below $7 I'll be buying another traders block along with a small sprinkling of additional purchasing going into my long term speculative holdings

Now let's see how it goes....

John~
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