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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (245)2/3/2000 1:58:00 PM
From: sandintoes  Read Replies (1) | Respond to of 225578
 
That's a sure sign Profit takers will come in tomorrow...



To: Carolyn who wrote (245)2/3/2000 9:47:00 PM
From: faqsnlojiks   Read Replies (1) | Respond to of 225578
 
Yes, at this time GNET is in a column of "X's", as you correctly observed. But this is after dropping significantly, and breaking through several levels of support...unfortunately, this looks somewhat like a temporary recovery I would say. Bottom line, it looks weak.

It's been rising nicely the last few days, but frankly, it's been on weak volume. I think it can reverse this rise anytime, and fall back to support. I'm almost sure it won't break resistance at 94 without big volume. If I was a new investor wanting in, I would wait to see if it pulls back, and maybe try to grab some in the 70's. If I was a current holder, I would be praying for some good, significant, news to bring the buyers in...and to bring them in with VOLUME.

JMHO.

-Joe