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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bracey who wrote (2242)3/2/1999 2:33:00 AM
From: Dennis Nicks  Respond to of 5102
 
Mark, I'm not sure I'd believe any serious tech analysis on INPR just now. We had a drop from 6 and change on very high volume. We saw the short-term traders drop positions on bad news, increased shorts etc. I'd say we're in consolidation. We're likely to trade a small range for awhile, unless some really serious news comes out (but that's not tech analysis is it!). I wouldn't put a lot of faith in technicals until we start seeing significant volume..

Dennis




To: Mark Bracey who wrote (2242)3/2/1999 8:39:00 AM
From: chartseer  Read Replies (1) | Respond to of 5102
 
The spread double bottom I see forming is spread between November 96 and February 99 on the 3 box reversal PnF chart. Currently the chart is bearish but has all the makings of a huge spread double bottom. Currently the bearish pattern is typical of a bear trap pattern. A reversal to 6 will complete the bear trap pattern. Then we will be on our way.

Then again what the heck do I know?

Chartseer


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