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Technology Stocks : VerticalNet, Inc. [VERT] -- Ignore unavailable to you. Want to Upgrade?


To: Sarkie who wrote (420)11/7/1999 12:41:00 AM
From: KS  Read Replies (1) | Respond to of 1094
 
I realize that statement didn't give a clear indication of the direction for VERT, but the chart shows every indicator at the high end. Therefore, it's up to the market forces to take it where it may. If the charts showed it at its low range, or middle range, I'd feel more comfortable saying it looks like it will go on up so long as the rest of the market is in a rally mode. But since it is in the high range, I can't predict with any confidence where it will go from here. I watch the OEX along with VERT and they're both looking toppy. So, my finger is on the sell button if/when it begins to turn down. It is a roller, and I'll buy back in when it bottoms. I can't and won't presume to advise anyone else.

I hope this clarifies my previous statement.
Good luck,
KS