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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (2000)7/9/1998 6:44:00 PM
From: Gloria G  Read Replies (2) | Respond to of 3183
 
The internet search engines will be tumbling down for the next few weeks. There was much "emotional" buying, and now there will be emotional selling. The smart money, ie funds, started selling during the last hour,today.
Without any profits there is nothing to sustain this company's upward momentum. I sold today. I think this stock will see 50 before it sees 100 again.
Good luck to all of you.



To: TLindt who wrote (2000)7/9/1998 8:28:00 PM
From: Andeveron  Read Replies (2) | Respond to of 3183
 
What did the MACD say when XCIT was trending down about a week and a half ago? The whole sector appeared to be selling off but then XCIT announced a stock split and everything took off again.

XCIT went as low as $76 at close but then ran up to $107 in the ensuing days. Just curious about how the MACD looked prior to the split announcement and immediately afterwards.

I guess my question is, does the MACD turn on a dime given that a stock has positive news or does it generally trend in one direction?

Regards,
Andes