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Technology Stocks : Data General Corp. "dgn"

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To: peter muckerman who wrote ()12/26/1997 4:21:00 PM
From: Jim Goodman  Read Replies (2) of 354
 
DGN formed "exhaustion V bottom" this week around 16+, and I recently added it as a depressed tax-selling bounce candidate, along with other dperessed Techs, like, WDC, ISSI, CYMI, CS, UTR, etc., weith close stops....my "PSYCLE sm" does not employ fundamentals as 95 % of others do, but DGN had the normal chart pattern one wishes in such an issue recently...it's sentiment also positively negative, dig ? one must look beyond fundamentals here on many depressed Techs, and jump in, with stops....I always diversify, and have no emotions/attachments, but the bounce potential for this kind of stock formation here, was definitely worth the shot under 17 ....best wishes,
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