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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP) -- Ignore unavailable to you. Want to Upgrade?


To: rod runyan who wrote (549)7/29/1998 1:13:00 PM
From: Sonny  Read Replies (3) | Respond to of 2365
 
very true ... look at the minuscule volume on the down-side ... imho, its just shaking of the weak-hearts by MMs ... should gap open to 11 tomorrow, if it does not reach there by end of day today. Of course, depending on the spin-machine employed on numbers tomorrow, any thing is possible in ultra-short-term, isn't it? But the long term looks very very clear ... just up! For the true investors, it will be a folly to pass this up so cheap right now, with such a nice R/R ratio as you mentioned. It will be interesting tomorrow to see the balance of power between long-termers and short-termers.

As Warren Buffet says, "don't you always believe in the efficient market theory" :-) .

In my books, one of the good signals was the other day when NEWZ welcomed interested parties to attend their earnings announcement/CC, even when they were not formally required to do so.

regards to all,
-/Sonny.