Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (40)	1/14/1999 6:41:00 AM
From: Mahatmabenfoo	Read Replies (2) \| Respond to of 1150

> UPTREND since the 10 week average is at 2.90 and the 25 week at 3.50 with > the 50 week at at 3.65. Ah, but perhaps you have overlooked the double declining gizmo curve, that indicates quite persuasively that stocks that go up, go down. Except when they don't. RRRR is the perfect embodiment of this ancient rule. Gosh, I love technical analysis! Speaking of "Internet Plays" does anyone understand the benefit of owning many web design companies that are local to various geographically disparate cities? I hate to use the synergy (but there: I used it), but how is a collection of such companies greater than the sum of the whole? What, in short is the point of RRRR? - Charles

To: Jibacoa who wrote (40)	2/9/1999 12:58:00 PM
From: Mahatmabenfoo	Read Replies (2) \| Respond to of 1150

>. so in my book the near term UPTREND still remains. So you said on January 13th. But the stock is around where it was a month ago. Sometimes stocks run up, and sometimes down, and usually that has something to do with what's really going on, and sometimes it doesn't -- which is to say that I recognize the herd behavior known as momentum ( and I'm all for it, if only I could find a herd to be part of). I guess the problem I have with TA is it extrapolates trends based on past performance alone, which in the Internet world (which doesn't have typical supply, oversupply, boom and bust patterns they way maybe steel and gasoline once did) that doesn't make sense to me. But hey, predict it will go up, and then prove me wrong. - Charles