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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Hockeyfan who wrote (13198)4/26/1999 2:56:00 PM
From: David  Read Replies (1) | Respond to of 26039
 
If that happened to me, I'd feel like I never understood the stock in the first place. Just charts.

Speaking of charts, here's a chartist's take on IDX, from anothere SI thread (we're starting to get noticed):

"I see the thing attempting a breakout today - BIG resistance at 10. What's driving it up today??? You'd be a better judge than me as to whatever it is is strong enough to break through that resistance. It failed back in January. If you're looking to take some profits but think it could go higher and are on the fence, the "take half and let the other half ride" scenario has been working pretty well for me lately. <ggg> If it convincingly breaks out and hits a new high (maybe not today - tomorrow?), you should get another couple of points out of it."

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Of course, that was written before the stock shot through ten dollars.