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Technology Stocks : Vishay Intertechnology -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (168)8/6/1998 3:16:00 PM
From: Jim Goodman  Read Replies (1) | Respond to of 384
 
thanks...more proof, that, as I teach, "fundamentals" and "news", in and of themselves, are nowhere near the "help" in predicting actual future stock price moves, as "the 95 %" have been led to believe, historically....of course, I called for a "dead cat bounce" in my Monday NL, in many depr. techs, beginning Wed., as they approached massively oversold levels....VSH remains a good "company", but I try to help people time stocks better, with good pattern recognition, PLUS learning how to master using Media messages, via my concepts.... now, VSH has significant resistance around still-falling 200 DMA, so, bounce will likely be confined there, regardless...I guess the key, is cutting the losses quickly, when wrong, vs. staying in, and sweating needlessly....many depr. techs. are similarly situated as VSH down here, as you know....VSH bounce is normal stage 7 behavior....hope this helps....best wishes, no prediction available here yet....