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Technology Stocks : Hyperfeed Technologies, Inc. (HYPR) -- Ignore unavailable to you. Want to Upgrade?


To: AHM who wrote (1898)5/9/1999 4:22:00 AM
From: Profman  Respond to of 2231
 
AHM:

Very nice posts. Charts can be informative but, as you stated, can't factor in the industry momentum and investor beliefs. I have on a few occasions thought about shorting PQT but only for the day (when I saw a steady decline from 15, and 14) with a "true" day trade, but I haven't had the balls to do it. I totally agree with you that a short position overnight is incredibly risky. Although I may be biased because I am very long the stock, there are many occasions in this industry that a stock has doubled on the open from the previous nights close. TRAC data closed at 3 and opened up @10 not that long ago. PQT's resistance points have been steadily increasing. There is no bad news out there. I believe that they will continue to cut more deals with well known companies. Their ensuing profitability should take them to the level of 20's that I have posted earlier this month. Ken: No ill-will taken, we are all entitled to our own opinions. The reason I like this sight so much is that the name calling and other bullshit is kept to a minimum. Most of us are all on the same page (to make money and pick each others brains). I, personally, have never put much emphasis on graphs by themselves. I combine them with my perception of the future and how investors will interpret it. I sleep well being long this stock despite its volatility. Good luck to all.

Profman



To: AHM who wrote (1898)5/9/1999 11:44:00 PM
From: SLOJET  Read Replies (1) | Respond to of 2231
 
I see a few problems for the short term. Hopefully it will not last long and then turn around.

I would not disagree with Ken W. He assures me he has not made a mistake is 5 years (LOL). His ability with the charts is uncanny. I believe he mixes the chart reading with reading tea leaves. What the heck, it works.

SLOJET