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To: Hawkmoon who wrote (11573)8/26/1999 7:31:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Well, we held up pretty well through today's profit taking on the indices.

There seemed to be a lid on the stock at $71 so the resistance is a bit more than most of thought it would be. But once we're through it we should make some decent gains.

Note that on the INDU, SPX, and IIX (internet index) we hit the lower bollinger band arm without violating them. This is very important in deciding whether today's lethargic action was the beginning of a correction or merely some profit taking and consolidation.

iqc.com

As always, I appreciate other analysis or critical insights on my comments.

Regards,

Ron