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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (7375)	4/16/1999 3:09:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

I was there too, (not on this board) I was chicken and jumped truck on the first bounce up after the first drop down, that upslope was just too steep to last. I think that that, ultimately, is the source of any wavering we see now. Those who might be early (and I say this is early)(in two weeks I will no longer say it is early) need convincing that this is a real thing, capable of supporting a real move up. I think the answer is in. I just don't think the answer is out. I admit to a bias, but I think the good faith of the holders down at 1 has been justified. Or to put it another way, I think they have a right to say they were right even here. There are those who held all the way down, which is another story; that was a tax loss that was lost. But those who bought in at 1,2,3, are looking at 100% + gains, and that is respectable in anybody's book. Now up past that, which is where we are, there is going to be fooling around. I give it a floor of 4.125 if we don't penetrate and hold above 6.125 for a couple of days. But I don't think it will be down for long, and I am not selling if I see it slip (money where mouth is).

To: stan s. who wrote (7375)	4/16/1999 8:47:00 PM
From: Michael Olds	Read Replies (2) \| Respond to of 17679

My chart for today shows a doji. My "expert" is calling this a doji star, meaning that it gap't the previous candle. Does a doji star get a special definition? The other thing is, that the gap, (if it means box to box) was down. This type of candle is supposed to indicate a reversal, subject to confirmation by the next day. So the question is, is this supposed to be a reversal of the mini-trend of the last three days? Or of the short term up trend? I would like to say that this is a question about the meaning of candlesticks. I in no way think that the short term trend is about to reverse. If the story were to end in a complete blank trail from here on out with regard to "developments" and "announcements" I might buy it as a signal of worry about the earnings report. But the story is clearly not going to just evaporate here.