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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: B-MAN who wrote (7079)	2/4/1998 12:12:00 PM
From: SE	Read Replies (2) \| Respond to of 10368

B-MAN, You can't be serious. You think that my post this morning has resulted in the downward spiral of the stock today? I don't believe that for a minute. However, go check out the Big Chart site and you will see what I was indicating. www1.bigcharts.com I do not know what parameters they use, but their indicators appear to be very reliable. Further, it seems to me that we are still in the downtrend channel and that we have not broken out. I expect us to retest the lows and then trend for 4 to 8 weeks between 4 1/4 and 5 1/2 setting higher lows etc.... That would be a very bullish formation. As far as being undervalued, I agree 100%. No question in my mind. None. However, I am quickly learning that fundamentals do not drive a stock short term. Technicals do and my technical read is that we are not out of the woods yet. Trust me, I am not trying to make the stock go up or down. I would prefer it go lower to let me in, however, buying it at $5 on a break-out would also be a prudent move, so I really don't care. I think the STATE's article this morning along with technical weakness has caused the pull-back. Also the need to re-test the $4 level. Nothing I can say will change that, IMHO. -Scott