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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?

To: bootsup1 who wrote (3845)6/2/2001 12:46:05 AM
From: Amboy Charlie  Read Replies (1) | Respond to of 4169
 
Boots,

All else being equal, technical analysis may have some merit in judging when to get in and out of stocks. But how can Bollinger's bands be in any way predictive of anything concerning AXC? It's trading near its historic lows because it's in the midst of historic woes. As I see it, the only things that matter now are positive news and positive Qs.



To: bootsup1 who wrote (3845)6/2/2001 9:55:33 AM
From: Michael Olds  Read Replies (1) | Respond to of 4169
 
Call me cold water MO (or MO cold water): That chart shows bollengers "getting tighter"; that is not yet the signal for a breakout. I have seen bollengers much tighter than that and extending for a long time, and that would be my prediction for AXC right now. And all the Bollengers do is indicate a likelyhood of a breakout, they do not predict in which direction.


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