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


To: HO-MEE who wrote (21107)9/2/2000 9:25:11 AM
From: Carolyn  Respond to of 28311
 
Good morning, HO-MEE.
I think we all appreciate your efforts and thank you for them.
GNET is looking a little toppy on one chart, although it still has momentum. If there is a little profit-taking, I get the feeling it won't be too much!
Will the two always trade in tandem now?



To: HO-MEE who wrote (21107)9/2/2000 10:45:18 AM
From: Tom Clarke  Respond to of 28311
 
HO-MEE, I've been reading this thread for a while and want to thank you and others who provided a lifting of spirits during some down pretty down times.

I told a friend about this company when the stock was having a good run. He dragged his feet and finally bought in somewhere in the 80s, after the split. He's a blue collar guy who works hard for his money and it was a big move for him.

Articles and opinions gleaned from this thread have helped me explain to him why he shouldn't bail out. Thanks to your input, a hard working tradesman that you'll probably never meet slept better at night.



To: HO-MEE who wrote (21107)9/2/2000 12:10:49 PM
From: Hawkmoon  Read Replies (2) | Respond to of 28311
 
I KNOW where GNET/INSP is going........I KNOW what Russ is capable of doing.......

Hang in there HO-MEE... We're seeing some really nice strength in the shares right now. If we can get INSP through $45 on a close, I can suspect that we may have legs to go up to $60-66 before all is said and done (the upper arm of the weekly bollinger band. We know from history that INSP does not trade far outside of its weekly BBs.

However, this won't happen without a pullback first, unless we have panic buying and a short-squeeze. The daily chart indicates INSP is overbought, but the MACD looks like it is trying to turn positive and that could keep us overbought for some time if volume sustains itself. Basically, while I see a pullback, it is hard to determine now that we're being added to the "E-50":

siliconinvestor.com

This becomes more clear by looking at the weekly chart where we can see we're knocking our heads on the MA. But if we look at the weekly Directional Movement Indicator (DMI) we can see that +DI is ready to cross with -DI, which suggests that the directional trend should be upward, and could also last awhile. Another confirmation of this is that the week stochastics have turned upward from a lowpoint on the graph, suggesting that we have some ways to go before we're considered overbought:

siliconinvestor.com

Caveat Emptor...

Regards,

Ron