SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Big Brother who wrote (9758)11/21/1997 7:28:00 PM
From: Trader X  Respond to of 17305
 
That was in August!

Yes, I was high on INVX up untill mid sept., and $32 was my support area. When it hit $30 in mid-sept., I used the next rally to unload around $34...it had broken my support level and was weakening technically.

quote.yahoo.com

It's actually fared the best of the HD group, even better than WDC! Now at 24, the chart doesn't look that healthy. I'm expecting another leg down to near $20 soon. Semetrical triangles aren't the best reversal patterns in the world.

I don't know what disease the sector caught, but it's a doozy!

-Kevin