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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Joe Brown who wrote (2915)	2/11/1999 12:52:00 PM
From: limtex	Respond to of 29987

JM and all For Globalstar the first support, if $18 is broken, is in the $14-16 area; for Iridium, if $31 is broken, is $27. If that level succumbs, it's $10 for G,* "Support level" that phrase has been bothering me for a couple of years. I think "support levels" have the same reality as fairies at the bottom of the garden. Who sets the "support levels" fo the day/stock. A big meeting of all the stockholders and day traders all over the country in the morning just after coffee and someone says..."OK now we come to GSTRF uh I say support at er...$16...all agreed.? OK now onto IBM...." I think there is no such thing. Regards, L