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.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (26824)	2/27/1999 7:28:00 AM
From: ChrisJP	Respond to of 79450

Hi Doug, DCTC huh ? Check out MRPS. Is a little pricey now (at least too pricey for me) but for once I bought low and sold high ! I've been busy with my day job since the beginning of the year (to the tune of 80 hours/week), which was ok, since every thing was going up. I've been given a breather for a few weeks, so I'm now able to post a little bit more. I use www.iqc.com to render stochastics. But I've also looked at www.askresearch.com. According to these charts, they say the Russell 2000, MTON and HDIE are all pretty close to oversold (with HDIE appearing very oversold without a drop in price). Is this a good time to buy more MTON, or should I wait for better prices ? (I bought some more at 13 5/8 anyway, cause I couldn't resist). I was not expecting it to break below 14, so I'd be interested in your opinion on how low it might go. Thanks, Chris A final word on MRPS: I get the feeling that the PR on the stock is being orchestrated to coincide with some recent good sales of their products. The company is legitimate, but I get the feeling that the company is working "extra hard" to highten public interest in their company as an "investment opportunity". So be careful. My prediction is that they will issue some great news, announce their intent to publish financials and use that as an opportunity to "raise capital" in the ensuing runup. Just a prediction.