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

To: hcirteg who wrote (16391)	11/24/1999 4:23:00 PM
From: Pallisard	Respond to of 27311

"Since I am on a roll....i predcict a very strong close...hope its above 10, which would be a great way to start Turkey day!" Close, but no cigar. Until we have another PO I believe we'll just consoldidate in this area, backing and filling, another opportunity to acquire more and another reason to give thanks this holiday. *HAPPY THANKSGIVING, EVERYONE!*

To: hcirteg who wrote (16391)	11/24/1999 4:25:00 PM
From: John Curtis	Respond to of 27311

HC, et.al.: VLNC appears to be "grunting and groaning" its way back to $10, although it's touch-n-go as to whether it'll make it(as I write this I see the ask ended the day, WUMP, dead on $10..). Still, this has been a most excellent week, eh? And what does the short term future portend. Well, though I'll never claim to be a seer(heh), TA logic dictates that such a gap as VLNC created on its recent run from ~$8 to ~$10 1/4 will be filled to one extent or another. Bottom line? I ain't particularly worried about any sort of relative pull-back, as this would be a healthy indicator(imho). Also a good buying signal, too. But right now she be backing and filling, all while establishing a new base. As for all the pooh-poohing longer term naysayers. Well, jeezus...talk about an emotional, unchanging commitment to a perspective. Don't you folks believe in making a gamble and taking profits accordingly? Alll this time yelping and yapping, from its low to its high, and nary a profit had by you??!? This is hard to believe, because to my way of viewing this game one's time is too valuable to abide "arm-chair quarter-backing" equities ad nauseum. It makes no sense to me. Unlesssssss, you're getting paid in a different manner? HEH! Anyway, imho THIS time the run up is fundamentally different than the run of this same time last year, trust me, trust me! Uhh....and the "trust me" part's a joke for those that don't know me. Ahem. Be that as it may, THIS time VLNC has an initial p.o. under its belt. One which, based on recent trading days, the market appears to be casting a decision on as to merit. So far the vote looks to be positive(minus any shortie covering, of course). This isn't to say the market, like the rest of us, wouldn't like to see some more p.o.'s as quickly as possible. It's just that those on the side-lines now have more of a positive indicator than ever before. An indicator by which to determine whether it's appropriate to gamble some coinage. Volume indications, etc., seem to indicate sideline lurkers are now placing some coinage down on weee little VLNC. Just some thoughts. I'm now heading out to my favorite little divey pub on St. Marks place in NYC, where good conversation, cheap intoxicants, a smokin' blues juke box, and darts can be found. A parenthetical aside here....what is it about pubs and their willingness to pump their patrons full of alcohol and then turn them loose to throw pointy little projectiles around their crowded establishment? HEH! In other words, FUN galore. So I'm off for the rest of the week. I wish everyone a safe, and enjoyable, Thanksgiving for you and yours! John~ Also, it looks like Ram is right. We don't, as yet, have a true break-out as $11 appears to be a ceiling of significance. VLNC needs to punch through it for a true break-out signal.