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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Greg McDaniel who wrote (11240)5/20/1999 8:33:00 AM
From: John Curtis  Respond to of 27311
 
Greg: Thanks! Over-all I agree with you. Money flow has been strongly positive. This has been the case with each up leg of my aforementioned bouncy bouncy cycle. If you follow it you'll find the money flow peters out once ~$8 is topped. And given recent history it's reasonable to assume this will happen again, particularly based on my own wild-ass guess of a time-frame by which we'll hear about p.o.'s.

This ebb and flow of money flow ain't a bad "thang" at all. To me it implies someone's exercising judicious restraint. They know what they want(VLNC), and they know when they want it. Given the nature of the past FOUR cycles, of which the current rise is the FIFTH, it's also reasonable to assume "they" know, more-or-less(if not EXACTLY, heh), when things are gonna bust loose.

Of course, all of what I've just stated is merely me opinion. I could be wrong. ;-)

Regards!

John~