To: Wowzer who wrote (2036 ) 12/26/1998 8:29:00 AM From: Francois H. Gaston Read Replies (3) | Respond to of 3261
Rory... you might be able to sell your shares in mid 40s this week (instead of in January)... I might buy some of those as I have only one 1/3 of the position I would like to have in PIXR (snif snif snif!). You might be able to sell sooner than later because some smart money is evidently done shorting and is starting to buy PIXR. This is just IMHO.... but supported by the linked graph.members.aol.com If the general stock market holds, if B.O. numbers continue to be that strong, and if NVI and PVI converge on the way up, 50 could reach in a hurry, may be even this week... we will see. NOTE: NVI and PVI are weak T.A. indicators (and rarely work as a tool)but sometimes can be useful in unmasking what smart money is doing versus "uneducated crowd". NVI turned up recently but has been swamp by selling and short selling from traders. It is interesting that on the last trading day before Christmas, the volume was low (as expected) but the rise in PIXR as been marked,... AND the CLOSE was on the high for the day: this means (IMHO) that many traders (Chrsitmas shoppers/Holiday travellers) have missed their short covering, and many buyers have failed to buy in the 30s... On Monday, they will say: "OOoops"... Monday could be interesting, with a gap up at the open because some market orders could be piling in at the open. We will see. Of course, if Japan and Asia dive, then the stock market could begin to show some serious weakness... Especially if Internet shares retract. High volatility for stock market and PIXR coming up, IMHO Good luck to all. Long termers... you were right to hold onto your PIXR shares François