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 : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (6109)	1/26/1999 6:16:00 AM
From: opalapril	Read Replies (2) \| Respond to of 9798

Just stopped by with this question: How can we be sure the large block wasn't Novel sluffing off more? Any thoughts?

To: Wizzer who wrote (6109)	1/26/1999 9:10:00 AM
From: VerificateASAP	Respond to of 9798

On a technical level for Corel read this. Investor Almanac January Trends says January is a great predictor of how the rest of the year will go. In 42 of the last 47 years the S&P composite index has forecast the direction the market will take that year based on its January results. If the S&P finishes higher in January it is a strong indicator that the market will end the year higher and vice versa. This indicator has been particularly accurate in odd years when new congresses convene. January has historically been a good month for stocks with more DJIA(sm points gained than in any other month of the year. Smaller stocks do especially well at the beginning of January, generally outperforming the blue-chips in the first couple of weeks of the month. Well the bar chart for the month on Corel has a high of 5.125 and a low of 3.75 US. to have a positive bar close we have to close above 4.43 US which is the midrange point on the bar for the close in January. That would be another positive sign on a technical basis if it can be breached. Also Wizzer look at daily chart on Corel in US FUNDS. We touched technical bid line yesterday on the daily chart. Interesting isnt it. You draw the line and what do you see.