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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: bob yahnke who wrote (1217)6/30/1999 9:51:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 2514
 
Bob, with hyped stock like CUST, TA usually doesn't work well. It can move violently in either direction. Negative mentioning by the media can easily shave 30% off the price (ex. WSJ last month). Industry news can do the same trick (like 2 weeks ago). All your TA will go out the window if David Faber or Joe Kernen decides to slam CUST, the way they did SKYM last December. I choose to short CUST on its total lack of fundamentals, not just because it's overvalued.

Regards,

Tom