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Technology Stocks : CNKT - Connect Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (306)	6/3/1998 2:47:00 AM
From: Lawrence Burg	Read Replies (2) \| Respond to of 953

Wow. Silence here is unbelievable. Trying to fathom the new chart patterns...while running some money w/the "trust or bust"/"hold for gold" gang... Top 20expBBand @ ~ 3 1/2. Bottom band rising up slightly, w/top band running flat. Didn't quite bounce off/through the bottom band, so no precedent to rise to the top. 50 EMA @ 2 1/2 & 100EMA @ 3. So immediate common support & resistance should run between 2 1/2 & 3. ADX/R8 still rising well. chaikin O in the toilet, probably due to the last two days volume being debited to the downside on closes below the average daily price. Simpler trenders such as OBV are rising strongly. MACD also hinting at an upcoming buy signal. CCi is only oscillator I use showing a slight hitch @ ~100. Could signal weakness, but right now it's running alone. RSI8 still running strong @ ~55. 14,3,3,exp SO coming in w/a pretty serious buy signal. Combo Stoch RSI continuing a strong move up started last Wednesday. This seemed to be the indicator which portended the news. Sitting back looking @ the big picture shows (i.e., here's where wishful vision, aka. art enters the TA) obvious support @ $1; probably due to a fear of drifting the delisting vortex. The previous 3 pennants started off the $1 level. We now have a diminished pennant off the $2 support level. Will others follow after a brief (2 week) trading binge around $2.50 +/-.25 levels? Only time will tell. I will ride my vested interest and continue to learn. Meanwhile, I have a call in to Mike Brown @ Maintenance Warehouse to see what he can disclose as to the bottom line effect for CNKT. Also see news.com picked up the story a day late. Still can't believe I'm here alone...