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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Ohio who wrote (19813)2/6/2001 1:56:59 PM
From: Buck  Respond to of 26039
 
Ron and others. I actually sold my IDX a day after I posted that I had bought it. Made a 5% gain in a day. I bought back in this morning at the identical price that I bought it for a week and a half ago.
Like Ron said , the next big move looks like down. I,m hearing maybe up until Friday of this week, then a major move down to retest the lows. The good news is that after that, there are some pretty solid predictions for the market going up for two or three sustained months. Anymore, I am not fighting the trends, and so far the theory is working.
Essentially I'm watching a group of stocks bottom and then bounce off that bottom. I see this kind of trading going on for quite awhile and am selling on the bounce. Good luck all,