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


To: Bonzo who wrote (1818)3/19/1998 9:14:00 PM
From: V.  Respond to of 2319
 
Joe,

Now that Scoot & his icky public finger have departed, and since you say that you are a fan (I'm flattered!)...
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Can I transfer my obsession to you then? LMAO!!

I am a fan of yours, as well...and have appreciated your thoughtful posts here and on the THQ and MPRS threads. :) Very informative and insightful stuff. So, thank **you**!

Did you notice that GTIS is coming back toward support at 7 1/4 -1/2 on low volume? If it holds there, things are looking quite good technically. This is a classic cup and handle formation. Did anyone short this when we discussed that strategy a few days back? If so, proceed with caution if you haven't already covered. A break under 6 3/4 to 7 1/8 on moderate or better volume would be disappointing, and I would institute a stop at that level until the trend reestablishes. Otherwise, a retest of support should confirm the current upward trend and a second attempt to surpass the resistance in the 8 7/8 - 9 1/8 range should prove successful provided that there is adequate momentum. FWIW. :)

Tea anyone? <gggg>

xoxo,
V.