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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Rich Wolf who wrote (12244)6/18/1999 2:13:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
Rich: You know, you'd think I would know better than to make zzzzzz type of statements in the middle of the day. It seems no sooner than did I make that 1pm statement when WHAM, the past hour precedes to get very interesting.

I'm doing some packing for a trip right now and as a consequence only have my laptop, so I can't see all aspects of this site, but check it out and look at the bid/ask box on the lower right(by the way you can toggle that sub-screen by right clicking yer mouse).

fast.quote.com

Look at the 1 to 2pm action. It looks like sumbody saw my 1pm note and decided to heat things up? Naaah, I ain't got THAT kind of power....still, what timing, eh? Heh!

John~



To: Rich Wolf who wrote (12244)6/18/1999 6:57:00 PM
From: William Epstein  Read Replies (2) | Respond to of 27311
 
Rich Wolf;

You are right. Looking at the 90 day chart and the evenness of the decline, it is clear that the stock is being forced down. However, this stock usually bottoms with a big one day decline and reversal volume. We ain't there yet. Someone is playing with our stock. Where is the bottom? Let's start playing the guessing game. It's better than doing nothing. Selling stock, buying options? I don't think we're in the short covering zone yet. Where is it? The chart shows that money flow suddenly dropped off sharply about 3 days ago.
Bill