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Technology Stocks : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?


To: John Miz who wrote (1867)12/8/1999 5:01:00 PM
From: Logain Ablar  Read Replies (2) | Respond to of 2126
 
Hi John & Duane:

Chart printed a triple bottom sell signal when it hit $17. Unless something changes fundamentally I'd expect the stock to retreat to bullish support line now @ $14.5. Support @ 16.5 and 15.5.

Any news of a major new order would reverse the short term trend and we could retest resistance @ $20.

Tim



To: John Miz who wrote (1867)12/8/1999 9:29:00 PM
From: Duane L. Olson  Respond to of 2126
 
Yeah, and I mostly agree with that, John... The small caps are my babies these days....and they broke out to the upside again today ---hope this posts:
askresearch.com
However, I don't think there is going to be any money lost in IBM, MOT or HWP over the coming year, actually.
Seems to be some money moving out of the $SOX stocks...not sure why. Perhaps just some normal year end profit taking.
The only internet I'm into at the moment is ENON, and it has turned volatile here. I sold that CORL (too soon, of course), and I'm watching Tim's OBAS and CCUR run...
As for LTXX, it appears to be obligated to go through this pattern -- don't know why. I don't know if today was that move down that we expected, or whether we could still get to 15 and change -- but I'll buy more if we do. Love this stock!
tso



To: John Miz who wrote (1867)12/9/1999 8:16:00 PM
From: daaan  Respond to of 2126
 
Gruntal touted this stock $8 and watched it go to $1. They have been as lucky with the rebound as any of us who have held it since $8.

I value Gruntal as much as my dart board.