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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: giddy guru who wrote (2448)4/29/1998 12:33:00 PM
From: John Sikora  Respond to of 3162
 
//gg//,

IMHO you will be richly rewarded...I'll go out on a limb here and say we're close to the bottom...

john



To: giddy guru who wrote (2448)4/29/1998 5:06:00 PM
From: Judy  Read Replies (1) | Respond to of 3162
 
giddy, the market is selling off the yr2k sector and turning a deaf ear to technicals and fundamentals. KEA had a super earnings report but sold off and is testing its 50-day ema. CHRZ had excellent earnings, sold off afterwards and violated its 200-day ema. IMRS report was fine, sold off and will be testing its 200-day ema soon. I believe CBSL remains to report, and did its ritual rebound from its 50-day ema recently.

My sense is that this sector may be dormant for a month or so. I shall be joining all of you on more IMRS, shares and not options since I have no idea if the NAZ will hold together in the next few months.

Good trading/investing.