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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (3025)1/10/2001 6:13:54 PM
From: Oral Roberts  Respond to of 3664
 
I kept posting here that EXDS looked like it was heading south

It was obvious to the most causal observer that you were correct. I kept convincing myself in it being bottomed though. You know the old catch the falling knife trick.

As to the disagreement between TA/FA, my rule is to go with the TA in that case. I didn't here but you can see that it would have been prudent as the mass's showed me on the chart that they know way more then I did about where this thing was going.

On the plus we now have a double bottom that held. If we can make a higher low on the next pull back perhaps we will be good to go for some upside. It would be a pleasant change:)