Forum Archive Index - April 2000

["Les Mortimer" <les@openmind.co.nz>]

Matthew, ITC has taken a beating, however it is definitely in the oversold
category. The bounce of 40c was pleasing to see and if it closes around 50c
today  with decent volume then this could be the bottom. (I did say could
be)
50c should prove to be a good resistance. I have observed in the passed that
the credibility of a resistance is tested by a strong break below it and
strong recovery back to it on the same day. Lets see what happens today.

Another post on Raging Bull #1199 in reply to an E-mail sent to (MD) Mr.
Phillips say's: "The purchase of shares by SCI is continuous but at this
stage has not been significant. They do not want to disclose the extent of
their interest.
We will be demonstrating the impact of our network over the next 6 months
with significant news."
Regards Les.


----- Original Message -----
From: Matthew Van Veen <mattvanveen@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, April 04, 2000 10:14 AM
Subject: [sharechat] ITC - Unbelievable


> I really cannot believe what is happening with ITC this morning. I think
you
> are right LES re your raging bull post of yesterday. I'm topping up again.
> ______________________________________________________
> Get Your Private, Free Email at http://www.hotmail.com
>
>
> --------------------------------------------------------------------------
--
> http://www.sharechat.co.nz/          New Zealand's home for market
investors
> To remove yourself from this list, please us the form at
> http://www.sharechat.co.nz/forum.html.
>


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.