Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: el paradisio who wrote (6396)	4/9/2000 2:38:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 11568

TO ALL WCOM and Market update. Message 13382410 Thanks Jakob. You have to read this,for me, this is very important information about WCOM direction in the future. UUNET and PCS counts the most,the rest is only a custmer base, from which they should benefit in the near future. I personally prefer not to get to many press releases in the near future,because I think that so called " QUIET PERIOD" before the merger is wery important. Not to much attention from now on. As concern WCOM, at the bottom.I really dont think ,it will go much lower.On Fri, I have seen a BIG blocks of 43,000,24,000,52,000....on the buy side. That suggest a huge accumulation by intitutional investors. Very good sign for the future price action. Still we ned to brake 45 5/8 . DOV is getting weaker,but a long as it holds 11,000 we are in the consolidation mode.Any brake below that value will be bearish.Resisrance on the upside is 11,4000. NAZ (this time I will refer to $compx). I am stii not convinced about the rally last Fri. From here,we can expect 3 scenario: 1.On Mon and Tue, NAZ will contine the rally to 4450-4500. and here will face a strong resistance. After,I expect a drop to 4250 and consolidation in that area. 2.NAZ will will rally and will brake resistance of 4450. This will be a very bullish sign and any consolidation above 4450 will sugest a test of previous highs at 5000. I dont think,it will go higher for now. 3.NAZ wii go down from 4448 and will retest it's previous lows. Probably that low will be around 4000. In the worst scenario NAZ can test a support at 3767. I thik scenario No.1 is the most probable. We should get better answer tomorrow or the latest on Tue.