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 : Individual, Inc. (NEWZ) - Any thoughts? -- Ignore unavailable to you. Want to Upgrade?


To: Pullin-GS who wrote (908)12/23/1997 4:49:00 PM
From: Len Giammetta  Read Replies (1) | Respond to of 1004
 
Wow! Tough crowd. As you know T/A relies on the entire trading range rather than simply the closing price. In addition, another consideration, in this case, is the TA/FA of DTOP, since the two are definitely trading in tandem, with a 5-10% diference, after the 2 for 1 conversion. In other words... what's good for DTOP is good for INDV , and I think that todays DTOP chart should show a white candle breaking above the 5dma, which I interpret as bullish.

However, I do agree with you. INDV and DTOP are defiant little buggers... true contrarians. They seem to respond well to bad news and poorly to good news.

At any rate, attempting to identify the bottom, if there is one, helps to pass the time, and in the process we're all learning something. If you could identify the bearish indicators that you have noted, I'm sure all on this thread would benefit, and learn. Don't be a stranger.

Regards and Happy Holidays.