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 Technology Stocks : KVHI -Mobile Satellite Communications and GPS

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To: robert b furman who wrote (3954)7/17/2008 2:13:25 PM
From: hamsandwich of 5980
 
Hello Bob.

I nibbled a little KVHI today.

The chart looks to be at somewhat of a crossroads right now. RSI, EMA, and Fibs are bearish, as is the chart formation. MACD appears to be turning up, with stochs and a few other indicators neutral. There is also a fair amount of OH resistance in the 8.0 range; 8.4 and 8.7 areas.

With the market also "feeling" like it is at a crossroads, I have modified my trading practice and am buying (most of the time) in 25% increments now (although I haven't been buying much of anything of late, as I have been more comfortable sitting on cash and/or enjoying some ETFs). So, count me in for 25% of a starter position on KVHI.

Hope this finds you well.

ham
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