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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (2872)	12/25/1998 1:42:00 AM
From: SkyDart	Respond to of 4761

TECHNICAL BREAKOUT: IFLY Today 12/24/98 IFLY showed a technical breakout in terms of change in MACD direction, + OBV divergence, and Price Rate of change breakout [from negative to positive territory]. We could easily see high teens to twenties on this stock soon, not to mention the warrants. Todays move was on relatively high volume and speaks to the likelihood of a good run in the near term.. Good luck, Jeff BTW; My hedge strategy I discussed last month worked well as I was short stock in a lesser ratio than long on the warrants...Covered the short at 6 15/16 and sold the warrants at a profit at 2 1/2. Now am long IFLY...