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


To: FCC who wrote (1008)11/11/1998 9:55:00 PM
From: Ms. Baby Boomer  Read Replies (2) | Respond to of 2365
 
FCC, I want to first say that I'm aware of the rumblings regarding Tim. For the record, Tim did start this thread and it's his policy to daytrade stocks for the most part. There are no ill feelings here, OK.

NEWZ has broken the downtrend on volume of over 4 X ADV. The candlestick casting a shadow on yesterday's move is not piercing, which would indicate a bearish signal. I misposted earlier re the 200 DMA, it's the 100 DMA. 200 DMA = 8.77 support. Current stochastics were over 80%, which indicates profit-taking. IMHO, it was exaggerated by short-selling, and possibly margin calls from "weak hands".

My interpretation of the indicators is that NEWZ has been under accumulation since August, which is confirmed by the insider buying. During the earnings conference call, management mentioned that there would be more announcements within the next 90 days. Whenever I come across anything that I believe to be relevant to NEWZ, it's business, or alliance partnerships, it's posted to this board.

I hope this answers both your, and anyone else's questions.



To: FCC who wrote (1008)11/12/1998 12:08:00 AM
From: Regeloney  Read Replies (1) | Respond to of 2365
 
Uh-Oh, Maria. You are now the Maria Tim Luke Top-Of-The-"Hill" NEWZ GURUZ!. YOU DA WO-MAN!

I like the stats that are showing up. High volume, volitility, aggressive 13/50-day crossover, yada-yada-yada. I should have sold half at 11 and bought back in at under 9 today, but I feel much more confident in this stock than to try and chase the rabbit. You are right on the money with your advice.

NEWZ has not begun its run as yet. We got some small in-and-out traders today, and probably flushed some of the worriers out, too. Kinda cleared the sinuses: Pflupfht-Snort-Umphft! Uh-hum.

Tomorrow we look for the institutional traders with the big guns and hair triggers. SHOW ME DA MONEY! Happy Days to NEWZ and Youze.