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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (29834)1/26/2000 10:16:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>I'm going to buy some more INIT - any idea on possible lows for remainder of the week? <<

Heck if I know.. But it will hit resistance @ 46 1/2 and retreat and should be a buy then, resistance after that is 49, support is 38 but it wont get there. It is trading on rumors and who knows how that works out. IF they actually report 100% revenus over estimates the rumors will be true. But what else would someone border 5500 servers for when they only used like 300 before? I did ask if anyone knew of the genome project IBM is doing and the lotus notes coloboration they are using with it.

looks like it retreatced to 45 1/4.