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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (8650)12/1/1997 9:48:00 PM
From: Feraldo  Read Replies (1) | Respond to of 79336
 
The volume has dried up so much on IFCI, that it's sickening. As far as a sound chart, this company seems to be making one for us all. IFCI also has inked several contracts that alone would double their revenue. They also just acqurired a company that would increase their revenue by 25%, and is in talks with another that would increase revenue by over 50%. This company installs fiber optics, and is trying to position itself as a leader in a very expensive, highly profitable market.



To: Sergio H who wrote (8650)12/1/1997 9:49:00 PM
From: Instock  Respond to of 79336
 
Just a reminder to all. Doug R. will be posting the Pick Of the Week Tuesday morning apx. 11:00 Am est. On this Thread
This one is a "lower priced stock", that many have been asking for.

Good Luck to all!

Instock



To: Sergio H who wrote (8650)12/2/1997 8:54:00 AM
From: ChrisJP  Respond to of 79336
 
Thanks Sergio,

Interesting that briefing.com thinks that NORT is cheap at 3 1/2 !!! Of course that was back in October when everything was going up. From the chart, it still looks like it's going down sharply, but without a real TA, it's tough to tell where the bottom might be. The guest on CNBC's "Taking Stock" said to wait a few months for oil drillers to turn around.

Regards,
Chris



To: Sergio H who wrote (8650)12/4/1997 8:42:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 79336
 
Hi Sergio and Instock,

When NORT started to gap up on Tue. morning I took the plunge. But after a 50% rebound in just 2 days, I couldn't take it so I sold. I bet you never thought I'd be a short term trader !

Not sure if the stock is gonna go up more, but buying and holding has not been such a good strategy for the past 6 weeks. The rebound was too sharp on too little volume for me.

Now if only I had done this with CADE, SEEQ, and MLOG .

Chris

BTW -- Go APCO !!!!