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


To: KLP who wrote (20198)7/25/2000 4:49:31 AM
From: Bag of Pucks  Respond to of 28311
 
re: GNET price action great in baaaaad markets..

Now, let's just hope that GNET price doesn't deteriorate in a market rally....which is the pattern, i believe.

*hope i didn't jinx it*



To: KLP who wrote (20198)7/25/2000 9:47:25 PM
From: tahoe_bound  Respond to of 28311
 
For the first time in quite a while, I for one am ecstatic

The trend definitely shows signs of changing, and one can nitpick about the volume, but really there is nothing bad happening right now.

KLP, about the Nasdaq and Dow, volume is down in comparison to the blowoff levels of early Spring. Bears would see that as a negative divergence, (among others) but bulls would say that the speculative money is gone and more sanity has returned. Instead of just grasping at anything, a return to seeking business models that actually work is a healthy change.

I side with the bulls now, because as well when you smooth the volume out for the past couple of years, it is doing quite well. Also, the advance decline line has been improving (finally) of late.

I would ramble on some more, but have a flight to catch soon, vacation time!

Regards