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

To: Dennis V. who wrote (13530)8/9/1999 12:28:00 PM
From: Pallisard  Respond to of 27311
 
Dennis, that's what I was thinking. Given Quickstadt and now Ram's dis-enchantment, the contrary indicator is going into full swing. :-)



To: Dennis V. who wrote (13530)8/9/1999 4:33:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
Dennis, you have a point here, the IEI has reached close to -2, and that is almost a buy signal. We may need another "brush with breach" of the support to generate enough pessimism for a good rally to start. Interestingly, I believe that the market might present the right general background in the coming week to deliver such extreme in pessimism.

Zeev


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