Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (1655)	8/3/1999 4:50:00 PM
From: Lawrence Burg	Read Replies (1) \| Respond to of 1755

Look at the 5-day chart price bottoms… quote.yahoo.com They point to a close no lower than ~1 3/8 tomorrow. A compromise might signal a temporary consolidation. On the mid-term side, check the 3-month chart w 50 & 200 DMAs. Note the 50 crossing up through the 200. Very bullish move, even though it was due mainly to the pop to 5/8 a few weeks ago. What's important is the price has held and advanced. quote.yahoo.com While the afternoon weakness was a little disappointing, keep in mind that around 1:00 PM, there were roughly 680K traded, with the spread around 1 /38 x 1 ½. At 3:00, the spread had dropped to 1 x 1 1/16 with the volume at 810K or so. It amazes (& irks) me how the price can go so soft on such little volume. I think the advance will steady up a bit from here. All, of course, assuming there is no news, near term.