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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: KLP who wrote (15858)1/12/2000 11:56:00 PM
From: Hawkmoon  Respond to of 28311
 
KLP,

I primarily use two sites for looking at the dollar index:

charts.quotewatch.com

futures.tradingcharts.com

The second being the one I linked earlier.

Read the analysis that is attached to the second link. They are short-term bearish, but long term bullish so long as the dollar stays in its uptrend channel.

Btw, GNET has critical support levels at $65 or $70 depending upon whether is using the Exponential (EMA) or Simple (SMA) 200 day Moving Average. The 200 day EMA seems to be the most accurate indicator for support, given that we bounced off it in both August and Oct without any deep violation. The 200 day EMA currently sits at $65, so if there isn't a turnaround tomorrow or money in the I-nutz, I suspect GNET will see that price.

That would be my entry point should the carnage continue... and then I expect that without a new high, traders will sell into the earnings and we'll retrace back down to present levels.

Again, just my opinion (or more appropriately, my reading of the technical tea leaves).

I welcome other opinions.

Regards,

Ron