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Technology Stocks : Equinox Systems (EQNX) -- Ignore unavailable to you. Want to Upgrade?


To: Scott H. Davis who wrote (431)6/18/1998 11:49:00 AM
From: HeyRainier  Respond to of 765
 
[ Off Topic: EDITED! ]

Scott,

I'd like to hear how the conversation went with the CFO of PTIX. I'm curious to see what he said. Also, the recent downturn in the stock's price is interesting as well. High volume accompaniment. I'm going to look and see what happened.

Re: ISIP

It fell out of its enlarged ascending triangle formation on about the 4th of this month, and experienced the expected deterioration in share price.

In early March, I plotted a Cyclicality measure to ISIP's share price behavior. It's got a high tendency to turn at set points. While I thought this turn of the cycle was the one that was going to break the streak, I was surprised to see the cycle develop in the manner projected. Based on this measurement, the end of this week, or the beginning of the next, should be met with more buying.

As a buyer, I would be interested in seeing $11.50.

Regards,

Rainier



To: Scott H. Davis who wrote (431)6/18/1998 1:22:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 765
 
There is a case of quintuple support at current levels:

(1) The horizontal support line at current levels.

(2) The bottom Trading Channel boundary from the short term downtrend.

(3) The Long Term uptrend line.

(4) The 144 day moving average.

(5) The bottom Bollinger Band; piercing this boundary usually indicates an extremely oversold state. We do that with today's action.

The low volume makes the decline suspect and possibly lacking in substance.

Regards,

Rainier