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Technology Stocks : ADFLEX SOLUTIONS ( AFLX ) -- Ignore unavailable to you. Want to Upgrade?


To: Kent Sarikaya who wrote (474)12/16/1998 2:17:00 AM
From: chum slury  Respond to of 718
 
I use the advanced charting screen on the Schwab website. A person has to have an account with them to access it. It doesn't tell what the bottom might be it only tells when there is positive pressure on the stock. Generally when the momentum turns positive after a long decline there is a good chance for a nice run. Aflx for example, a person would have missed the long ride down to two and would have been back in at about two and one half for most of the ride up. I'll look at the chart and give you an example.



To: Kent Sarikaya who wrote (474)12/16/1998 2:40:00 AM
From: chum slury  Read Replies (1) | Respond to of 718
 
Here is what I saw when I looked at the AFLX chart. Keep in mind that using the chart it doesn't break it out into days. First part of April the momentum went positive at approx $15 1/4 (buy). Stayed positive until middle may then went negative at $19 1/2 (sell) Middle of August positive at $7.00 one week later went negative $7.00 (no gain) Momentum negative until middle of Oct.(price all the way down to $2.00) When the momentum went positive a person would be in about $2.75-$3.00 range. Momentum has been negative now since about the third week of Nov. (except for a little blip which I jumped on but backed off as soon as it turned negative again.