Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: marginmike who wrote (131)	5/14/1999 7:02:00 AM
From: Jim Willie CB	Read Replies (1) of 2013

MMike, I would not be surprised to see CNXT take a small dive in next few days... it couldnt hold its gain yday... its RSI looks dangerously tilted... rather substantial runup in last several days from 34 for a 20% gain... gonna encourage some shorterm profittaking... an excellent short candidate for 3-4 days... kinda ballsy move if done though do you see likelihood of 10% pullback in the Gilder Techs like QCOM, BRCM, UNPH, GBLX in coming week or so??? their RSI's dont look weak at all, but they have had such nice recent gains... seems like some take two steps forward, then putz around plus/minus 5% for a spell / jim

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