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


To: TokyoMex who wrote (3139)1/4/1999 11:58:00 PM
From: neverenough  Respond to of 4903
 
Looks like some new money is finding it's way towards ONSL, OBV just turned positive again.

tscn.com

But the MACD is still negative.

tscn.com

A close above 50 would be nice...



To: TokyoMex who wrote (3139)1/5/1999 12:05:00 AM
From: Muhney  Read Replies (1) | Respond to of 4903
 
Definately time to be long.
I bought heavily for lots of people at 43 to 44 last Wednesday. Way over sold in anticipation of a January sell off. Looks like the sell off occurred in December,action today was very bullish.
I see a big run up over the next few weeks.
ONSL represents the best value of all Internet stocks.
Just my opinion, I am not soliciting any buyers or sellers.
Their is no guarantee that the stock will go up.

Muhney



To: TokyoMex who wrote (3139)1/5/1999 1:30:00 AM
From: Colin Cody  Read Replies (2) | Respond to of 4903
 
$2.7M flowed OUT of the stock today alone. We need to see one, preferably two days ABOVE the $39.75~ support line to convince me that she's not going to tank.

ONLY then should we buy the stock. Right here the RISK for a drop to $32 to $26 is too great, and then you'd be sitting on dead money waiting & waiting.

Optionally, one could buy here with a STOP at $38.75 or $39.00
That's probably the best risk/reward play, but NASDAQ doesn't have automatic Stop Losses, so you need to sit by the computer. This stock could drop 5 points in 5 minutes. Go to the "john" and when you come back you might be out enough that you coulda gold-plated the commode!
Colin