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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (6657)2/14/1998 12:19:00 PM
From: Woody_Nickels  Read Replies (2) | Respond to of 11555
 
Flick, thanks for the chart. Looks like my TC2000 chart but free!
I am disturbed by the recent lack of civility here. I can't believe
anyone expects investing to be an exact science... never was, never
will be. And I AM qualified as a scientist, several times. Even in
Chem/Physics many rules are based on 90% probability. I hope everyone
lightens up, or gets a life, or something! Fugazi reminds me of APU
the Camel trader(or peanut vendor)from the APCC chart comments a few
years back. I hope these aggressors don't take him seriously or they
WILL lose their shorts!
BTW, I spoke with an OLDE rep a few days ago. They make a market(MM?)
in IDTI and said they were getting lots of buys on IDTI.
Ken



To: flickerful who wrote (6657)2/14/1998 2:18:00 PM
From: Rob S.  Read Replies (1) | Respond to of 11555
 
Nice chart. You can see when IDTI approached the 13 1/2 level and I cautioned that it might be due for a retracement. My concern was that the retracement would be similar to the previous ones from July through Oct. - back to about 12 1/2. It was a point where it was temporarily "over-extended". It did pull back for a short while, which would have been an excellent time to get in deeper. I never said at the time that I expected it to tank or to pull back further than 12. I was not exactly right, but show me someone who can predict the future price movement with accuracy and he I'll be happy to follow his every dictate exactly. Then we'd all get rich.

IDTI has moved past the resistance at 13-14 and, as we've seen, has been knocking on the door to new highs on heafty volume. That's a bullish sign.