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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (19361)1/13/1999 12:27:00 PM
From: mattie  Read Replies (2) | Respond to of 69109
 
J, can you give me a breif history on why IDC has not participated in the net run. Earnings est look great from Zacks, growing 50% and profitable, but the stock has certainly been under pressure and looking at the 2 year chart looks to be making a head and shoulders with 8 at the bottom.

It does look very cheap and if the stock can reverse its down move it could go a lot higher. I may join you.

Thanks

ps, the 2 year chart tscn.com



To: j g cordes who wrote (19361)1/13/1999 7:51:00 PM
From: xcr600  Read Replies (2) | Respond to of 69109
 
Picked up some IDTC at 14 1/4. Not bad for guessing at 6:00am where the low was going to be for today. You and I have the almost the same target as well! I'm good at nailing my entry points, but terrible at exiting. Roll the dice too much. Have left 17k in the last 3weeks on the table. Very depressing considering I don't play the market with very much money to begin with. Wish I had a day job where I could monitor things. Good luck w/IDTC.

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