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Technology Stocks : INFOSEEK (GO)
GO 10.57-2.3%Dec 15 3:59 PM EST

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To: Jon K. who wrote (9097)5/5/1999 9:29:00 PM
From: bobby beara  Read Replies (3) of 9343
 
Jon k., i'm xcited, I've had my eye on seek for the last month, I was in at the 80's playing it to break out to new highs like the rest of the nets, but when it didn't move i exited about breakeven.

The recent retest of the big drop was right out of t/a textbooks, we retested the July highs (support) for a 2nd test on declining momentum. The upgrade today and the volume reversal is I believe a significant turning point that should propell seek back up to retest the highs. We have a major reversal in price/volume/sentiment and this thread is very quiet which I think is also bullish.

I bought on the mid day pullback and i think things are looking pretty cool for a while.

bobby
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