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Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (1734)	3/12/1998 12:53:00 PM
From: V.	Respond to of 2319

Tom, The volume is just not there today. There will need to be some further action later in the session to maintain the recent upward movement. Just got a quote...wanted to pass it on... What a boring post! [yawn...] :) xoxo, V.

To: Tom Caruthers who wrote (1734)	3/13/1998 2:20:00 PM
From: V.	Respond to of 2319

Tom, There might be a little more upside to this on Monday, but not if the market sells down. The volume looks a much better now today, but we're at a critical level on a couple of the technical indicators. Truthfully, I want to see where this goes later before deciding to go long or short, which is unusual for me to sit on the fence. (Though I am sorta tired after obsessing about Scoot all the time, so I do deserve a little rest, don't you think?? :) Some of the more forward looking technical indicators seem more positive, but shorter term, it is very toppy here. So if going short, I would be careful (though it's probably good for a quick buck) until we see where the market goes next week. I'd personally rather miss the trade than take a loss. I'm almost inclined to do some kewl options stunts here, with some shorter term puts and longer term calls, but I think there will be a chance to do better on the long side next week. (I hesitate to use the proper options terminology, for fear that it will excite Scott too much, but since he skips all my posts now, I guess I shouldn't worry about him or his nasty public finger any longer, right?) <ggg> Oh, sorry about that tangential thought... back to the informational part of my post: Furthermore, if we see a reconfirmation on the MACD and a buy sign on the DMI, then I would be encouraged at least from a technical standpoint <ggg> on the longer term prospects of this one. Frankly, I could care a rat's behind whether GTIS gets it together or not anymore, I just want for those who had losses to use these shorter term fluctuations in the stock to recoup some of their losses if they are so inclined. I really see some profit taking early next week if not at the end of the session today on the market overall, unless there continues to be some good tech earnings forthcoming. Regardless, the market should snap back even if we see a minor correction next week as things are looking optimistic. The restrained ppi today was encouraging, and would probably account for the overall tech rally today with a little help from ORCL, naturally. What do you think? ;) xoxo, V.

To: Tom Caruthers who wrote (1734)	4/15/1998 1:22:00 PM
From: V.	Respond to of 2319

Hi! There was a 20K block just purchased on the offer. The sellers are the little guys giving up their shares to the big boys. That is why the price is stable, and has moved higher. Note the bid/ask sizes prior to your exit, people. Also, please note that there will be some profit taking here shortly on this secondary level of resistance that has been attained. If the NAZ settles back a bit, as I would expect over the next couple of sessions, GTIS should most likely follow the market somewhat, and pull back at that time. So, the question to consider for traders is this: Take a hefty and quick profit here, and be satisfied, or hold for the move to 12-13 which is coming very soon. Those selling should be satisfied with their profits. Perhaps buying upstrike calls on pullbacks to cover in case of a runaway would be a good strategy. Also, investors who are willing to be called away should consider writing calls on their positions here. (Check the short term 10 strikes, for example.) I personally would not go short here, given the momentum, but cautious traders could pick up a quickie if they watch closely as soon as the momentum dries up, which it will. Personally, I am lightening up a bit on the position, but will hold a partial position for the move toward 13. Best to all, xoxo, V.