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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (11933)	9/21/1998 1:35:00 AM
From: Gene Lee	Read Replies (2) \| Respond to of 14631

The stock trading pattern has gradually changed since the firm reversal at 3.5 which lasted less than 35mints on 8-31. The main changes since then are: 1. 10 day MVE trending up instead of down 2. The up volume is higher than the down volume 3. Higher highs are supported by higher lows. It did retest the low on 9-10, and failed to hold below 4. I wouldn't be surprised to see it retest low of 4, but more likely this is the very beginning of long term reversal. - Gene