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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Eleder2020 who wrote (13524)	1/7/1998 11:03:00 AM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Ed, Thanks for the link. I have a Bollinger Band chart set up in TradeStation, but it doesn't seem to be very good at predicting future movement. The most compelling technical indicator seems to be the move above the 50-day moving average. On the negative side, I think that barring news, $6.00 will provide a fair amount of resistance. As a reminder to everyone, I am NOT a technical analyst. (At least not a good one. My indicators have been right most of the time, but I haven't listened to them. <g>) Technical Analysis is just another tool I use to try to figure out what is going on. Craig