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 : games trader group -- Ignore unavailable to you. Want to Upgrade?

To: LaFayette555 who wrote (285)	11/10/1999 11:17:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 507

Herr Dr. Pigeon; Technically, RXD looks like this: chart.stockwatch.com Last posts I warned you RXD moved up from .75c to $4.75 a total gains of 600%, that was quite a move for a resource stock like RXD, I even asked you if there any strong reasons to believe your self that RXD could break that $5.00 which was January, 1997 hi. As I, myself, I have no fundamental or any good rreasons so I consider "safety" is my first priority. Now the currently price action suggests that REX needs lots fundamental background in order to break that $5.00, it appears that RXD is not ready for that up move. Market got tanked even down to $3.50 from recent hi of $4.75. Note that a couple days ago, RXD displayed a spike gap down, indicating sellers jump the gun and start to sell, that is why it went down to $3.50 with huge volume. If i long this stock, I will be out as soon as I can, unless you know the fundamentals and justfy to stay long. There are many other opportunity and much better than this RXD, at this price level. Again, I am a bit short term bias. Good luck to you Herr Dr. Pigeon. John Paquet