SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: Goodboy who wrote (3225)4/16/1998 4:46:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 21143
 
Thank you, Goodboy. The signature today is the Tokyo Joe's cafe crowd's. If you don't believe in technical analysis trend lines; you better visit the cafe. Good bunch there.



To: Goodboy who wrote (3225)4/16/1998 5:23:00 PM
From: steve olivier  Respond to of 21143
 
This doesn't sound like the goodboy of days past. Good to see you tone it down a little. My thoughts:

Stock is at the same level it was the weeks of 10/24/97 and 10/31/97. The high for both weeks was 3 1/2 and the volume was 8.5 million and 6.3 million shares. Therefore 3 1/2 is overhead resistance. I know you don't like TA, but 15 million shares have a chance to get even tomorrow. The best price action possible would be for a break through 3 1/2 early tomorrow, a pull back to test 3 1/2 during the day, and then a close above 3 5/8 on volume. If this happens then a 4 handle is just around the corner. The worse thing to happen, at least for the short term, is for no significant break of 3 1/2, large volume and a close below 3 1/2.