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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?


To: Steve168 who wrote (1372)12/23/1999 10:37:00 AM
From: Rick Smith  Read Replies (2) | Respond to of 4120
 
For the fine gentlemen on the ZIXI board.

(This is as close as I can get to a kinder, gentler post in the spirit of the Holidays.)

Just thought I would throw out an interesting (to me anyway) observation on ZIXI's trading activity over the past few months.

In October after trading at 40 a month earlier, there was a capitulation of sorts as the stock dropped to the 25 area.

In November after trading around 45, there was a capitulation as the stock dropped to the 35 area.

And in December after trading around 65 there seems to have been a capitulation at the 45 area.

I just found this movement interesting and thought I would put it out for comment. Any thoughts anyone??

Enjoy the ride!!