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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (3074)1/2/1999 12:15:00 AM
From: LaShark  Read Replies (1) | Respond to of 4903
 
Colin,

My TA knowledge sucks but does the chart take into account that last week was the close of the tax season? Seems that more selling than the norm would take place.

Anyway, even if this one hasn't quite found the bottom yet, when it goes go back up, going to be hard to catch it. I pick up my shares Thursday because my online trading (Etrade & Suretrade) are too slow.

Good luck and thanks for the charts analysis




To: Colin Cody who wrote (3074)1/3/1999 11:53:00 AM
From: Martin Milani  Respond to of 4903
 
you had a good call colin but with these babies it is very hard to gamble much on technical reasons. I remember very well a few months ago where 'i got into ebay at 45 and it started to loose 2 to 3 points everyday and stayed around 25 for a little bit, everything pointed to a down trend and boom gained 7 or 8 points the next day and the rest is history. i walked out selling 80 percent of my position at 85 and the rest at 212..because again the technicals pointed strongly to a downturn in the 90s...it did go into seventies for a little while and then boom...in high hundreds in a very short time. i have no idea what will happen with onsl, but with these internet babies it is very hard to get to technical.