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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?


To: barb loucks who wrote (4754)2/2/1998 8:45:00 AM
From: gammaray  Respond to of 14464
 
To Barb and Goldie,

No doubt that we are in some scary times. The price is threatening to evaporate while institutions are selling out. Even the last mg report sounded a little gloomy. Tim sees a potential for a price at 2 before a strong bounce. And that's what i want to talk about.

It is possible that the price falls further, who knows. Some of the charts do smell as Tim said yesterday. But 2 of my primary tech indicators are substantially contradicting the big dive, particularly the dip under 5. In fact, one is slowly edging up as the price continues to cascade down. The price weakness may go on for a while but the charts support Tim's fundamental theory as described in 4733. I bought some Fri. and intend to take a quick but small profit this week on that purchase.

Neil