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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: P. Ramamoorthy who wrote (21070)	8/15/2000 3:37:58 PM
From: Larry Brubaker	Read Replies (2) \| Respond to of 27311

I think its called the Wolanchuk triple whammy, a pattern known only to Wolanchuk. If I'm not mistaken, he saw this pattern in March when he called for VLNC to hit $55, and a month ago when he said VLNC was ready to take off when it was at $22.

To: P. Ramamoorthy who wrote (21070)	8/15/2000 8:03:08 PM
From: Chisy	Respond to of 27311

Ram: I think Don gave some good examples in the quote below. The market has not been kind to small caps and especially start up companies lately. IMO this will change when option expiration and Greenspan's announcement is out of our way. VLNC is forming a saucer bottom now. Perhaps da_cheif will be able to shed more light on the subject here. ========================================================= Re: Message 14204491 DW: That's another one. Valence Technology (VLNC), along with some of these other companies, like MicroVision (MVIS), all got great looking bullish chart patterns. These are chart patterns that usually lead to rather abrupt advances. We saw the same thing in IBM. It came down and tested that $104 level, $100 level, then took off straight up. Look at the accumulation that was conducted in Microsoft (MSFT) all the way down to $60 range.