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


To: Greg McDaniel who wrote (25331)2/11/2002 9:35:40 PM
From: hcirteg  Read Replies (2) | Respond to of 27311
 
Bang bang you're dead!

In valence town, we shoot the messenger...it's a matter of policy. I am disappointed we did not close higher, but I want to give time for the news to be evaluated. I look forward to seeing CIBC's take on this tomorrow.

I'll be taking a wait and see approach this week.
Thanks for the candlesticks update...we have to take the good with the bad.

BTW..I have a stopp loss at $3.90. I think we have built a good base here and a break below $4 means the shooting star was right IMO.

Speak at ya soon.

HC



To: Greg McDaniel who wrote (25331)2/12/2002 1:23:35 AM
From: Rich Wolf  Respond to of 27311
 
Greg, I think you called it right. Very short-lived breakout.

Only volume production will cause a serious breakout above 5 to the 7+ area. Meanwhile, trade the swings as you have.



To: Greg McDaniel who wrote (25331)2/13/2002 10:20:43 AM
From: hcirteg  Read Replies (2) | Respond to of 27311
 
support...resistance

We just busted a very tough resistance level of $4.40. We need to close above $4.45 or so to confirm.

Next resistance is at about $5.20...

Wishful thinking/hoping...

HC