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Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Hyrulean King who wrote (576)4/23/1999 3:25:00 PM
From: JPhilipS  Read Replies (3) | Respond to of 3418
 
There was a guy on the Yahoo board a couple of weeks ago (just about the time it went bonkers) who said the stock would run up on big volume, run down on big volume, then drift lower on very light volume. He said that was the time to buy, because it would burst up from there. It was his theory on market makers.

I don't know if he is absolutely correct, and do not make any claims for the theory. But he has been right so far.



To: Hyrulean King who wrote (576)4/28/1999 3:03:00 PM
From: JavaGuy  Respond to of 3418
 
MSGI looks like it is in a consolidation phase. Historically, when it has low RSI and the BB bands narrow it is primed for a breakout.
I am no great technical trader but this looks good to me:

iqc.com

(The lower BB looks a little messed up on this chart though...)

JavaGuy