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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Sam Scrutchins who wrote (7085)11/4/1997 4:38:00 PM
From: MyStoxGoUp  Respond to of 10836
 
Sam;I'm not looking at a long term chart.

I'm sure you're right,I have not been looking at a "big" chart with weekly or monthly bars. When I mentioned 11 it was based on recent activity, I referenced the recent earnings report and conference call.
For short term analysis I usually go out 6 months with a daily and 1 year with a weekly. Most of the time only 4 months or so. I consider myself a "short term hold" type of investor. If there is momentum in a stock,than I stay, when the volume dries up,and thus the volatility, I'm gone,perhaps to revisit later.
Phil



To: Sam Scrutchins who wrote (7085)11/4/1997 5:00:00 PM
From: Bob Sage  Read Replies (1) | Respond to of 10836
 
Sam,

I have been reading your discussion on support/resistance and agree with you that the older resistance, from as far back as 8/94, is 13-14.
Short term we have been in a rising channel since the high of 9.8125 on 8/7/97. Today that channels top line is at about 11. If we break up through that line AND close there we should see more increase. If it holds, there may be a chance to buy at lower prices in the next few days.

Just my opinion.

Bob


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