Forum Archive Index - April 2000

[richard hermans <r.m.hermans@xtra.co.nz>]

Les Mortimer wrote:
> 
> 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.
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How very reassuring Les  Thankyou for that item Margie

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