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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: signist who wrote (6136)11/26/1997 9:40:00 AM
From: SpecialK  Read Replies (1) | Respond to of 42804
 
RSI, Stochastics and Momentum have all been improving over the last month. We are above the 50dma at 26, the 50dma curve is flattening at 26 and will start turning upward. We are not in a downtrend. Last chance to buy in for the next 4 months(hopefully forever) below 26.

Someone tell me if I am too optimistic and if I am convincing myself to hold when I should sell. I bought at 20 in April and held on til 26, a better non-stock opportunity presented itself which called on my money, but now I am back in at 26, I feel it is as good a buying opportunity that 18-20 has been over the last year and a half. Any thoughts are appreciated.

Thanks and good luck to all longs,

Ketan