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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (2852)	1/2/1999 5:39:00 PM
From: Thomas J. Smith	Read Replies (4) \| Respond to of 8393

To all that are unhappy with 8 Before you hit 5 on the way down from 30, we had to pass thur 8 and before you can get your 15 to the upside you also must pass thur 8 from the 5's... This thread is full of fundamentalist/news followers and that is perfectly okay. Some individuals on this board dig deep and find stuff I would never find. I follow charts and have for 15 years. I definitely have a better chance of telling you how the price of a stock will react in the next week or two from the charts vs. what news will do for a share price. I tried to buy and sell based on news and had no luck at all. It always seems as though the news was priced in by the time it was released. I just felt some technical analyst was due for this thread. I look for price movement without news and formations/accumulation. I see ENER has had no news releases since Dec. 3rd yet has had 4 of it's 6 biggest volume days this year, to the upside. All with no news. After a formable base has been put in place. Let's cut this short. I love 8 and I will love to see it higher than the 8's, I jumped in during the low 5's and do not want to sell until the charts tell me. Right now the chart on ENER standout well above any on the S&P 500 for % return possibility and I will ride it. Enjoy the week.