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Technology Stocks : ADSX -- Ignore unavailable to you. Want to Upgrade?


To: OLD JAKE JUSTUS who wrote (152)12/10/1999 2:10:00 PM
From: DEER HUNTER  Read Replies (2) | Respond to of 1129
 
Despite the fourth straight down day I think the stock is trading very well. Stocks always go through periods of consolidations and corrections and IMO that is what we are witnessing. There is a phenomenon that occurs all the time in all time frames .... that being the rule of central tendency....also called the 50% rule. This stock has gone from 2 to 16 and back again....right into that central zone so nothing is unusual here. Again IMO. In fact .... the stock staying in the 7 zone despite the selling should be viewed as healthy. Let the weak hands sell....let the shorts load in...the long term is bright and is the only way big money is ever made in the markets. Stay the course.

dh