To: Qone0 who wrote (73 ) 12/8/1998 7:37:00 AM From: Lawrence Burg Read Replies (2) | Respond to of 150
DNET...you noticed volume or price...:o)...had been improving welll on many indicator fronts since September. Pressure broke it loose. No PR yet. No time to catch any messages/posts, and no background on the fundies. SGII is wishy washy. Some higher bottoms, but no breaks of the top bands. Haven't been watching the intraday action on CNKT as closely as I'd like, but I notice that the price seems to be very resilient. Wide range over the course of the day. I also put in a tentative note that the oscillators appear to be putting on the breaks somewhat. Many other indicators are still dropping and looking for the bottom. However, with some profits in hand, I'd look to buy 1000 near the days low. A $1500 loss to previous levels has little impact to my realized and gets me back in for any fundamental evolution. Sadly, CXI bottom channels are being compromised. Wondering if the pressure and subsequent rise to 3/4 was pur reaction to the past few month's over-reaction to the downside. Hate to see it become a fundamental investment only...although the fundies seem very solid. Sneaky little DIXs made a move after a few weeks of improving statistics...fwiw @ .25... Very nice action on NETM... With some experienced advice from a curretn shareholder adn looking at the stats, I'd place a GTC buy on PNTV @ 7/8...maybe 15/16...awww heck buy some now at more @ any lows the next few days...:o)... RNTK is oversold short term on some fronts, and PRing's shows a little comeback forming. Trend has gone ugly, as has daily price action, but you never know when it could break free. A coservative play @ 13/16 should get ya $1... Despite the fact that rumors induced last Thursday's push, teh stats are holding well. Expect the spread to move back up with support around .19-.20. Spread should at least hold for a day or two and begin to advance with the next pop comin' towards the end of teh week to early next week. We'll see if market sentiment has really gone sour on the apparent lack of action on SEC status & '98 numbers; i.e., how much sway do the threads hold...my bet is made. So far, the stats have advanced very well in the face of bearish fundamental sentiment expressed on the threads... WAVX showing support.