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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (34776)	11/8/1997 9:23:00 AM
From: Ray Dash	Read Replies (2) \| Respond to of 58324

Great call Wayne, actually I was looking at a 30 min chart instead of a 5 min. I can see the spike now. As I mentioned I'm not a daytrader, actually I'm only recently a trader-- having converted from the archaic "buy and hold" method which simply doesn't work with tech stocks. When I discovered TA--especially the MACD histogram I found it relatively easy to trade the trend-- though only with stocks in a definite uptrend. Both IOM and CUBE have been good to me. I have yet to short but will probably cut my teeth on AMZN once the lockup expires and a downtrend is established. I'd like your opinion, if you have one, on what you see as IOM's possible pattern once we break the resistance at 30. We will definitely be entering a dramatically different area of the chart with far fewer resistance points and more points per short sale. 32 to 37 appears to be a straight line. Commercials and Comdex should be a kick. Thanks, Ray