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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?

To: nolimitz who wrote (3469)	1/13/2000 12:58:00 PM
From: Scott Moore	Read Replies (1) \| Respond to of 3645

Williams %R is like stochastics and MACD. It shows the relative strength of the price movement adjusted for volume. Another words, the downtrend has such weak volume, that unless volume accelerates as the price drifts lower, then trading range will turn positive. Bollinger bands should reverse direction and reflect a range trending upward. However, I like the full moon solstice theory too. This should be a safe price to start shovelling shares into the wheelbarrow, technically speaking. I've been out of NMGC since last September, so I've been looking for an entry point, thinking the short supply issue should be behind Neo. Any day in the next week or so that Neo goes down due solely to a general market bear forces, should be a good bottom-feeding point. Regards to the remaining dungbeetles Scott