Spiegel(SPGLA) Message Board

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Technology Stocks : Spiegel(SPGLA)

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To: GBT who wrote (71)	5/1/1999 2:50:00 PM
From: Cleo	of 89

We'll see if there are any legs for this last move up. IMO, at some point we will need to go back to 6 and fill the gap ... but that might not happen for a while (if ever). Almost always it does eventually happen though. Anyway, we did end UP Friday on heavy volume again ... 8 is resistance. We'll probably test it again ... if we break thru we could be in for some more running on the upside. If not, we might slowly float down for a few days on declining volume before resuming some strength. I am positive on SPGLA in the long run though. And with the volume that we have seen the last couple of days, and the broadening of the market in general, I think we'll be in good shape in the coming weeks.

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