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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Jimbo Cobb who wrote (251)8/23/1996 9:31:00 AM
From: Jim Roof   of 3529
 
Mark,

Actually I placed my stop a few days ago when SYSF was 24-25. The stop was originally at 25 and change but I gave it a little more slack and moved it to 26 1/8. I have checked my orders and it hit at 26 1/4. Still a heck of a lot better than 30.

Mark, I hope I have misinterpreted some of your posts. I don't mind an argument but my preference is that they have some substance at the core as opposed to what I think we have been doing on occasion. So, in a conciliatory tone, I figure you were just trying to play the role of quote server for me in this trade!

I am still afraid of SYSF long. Be aware of a possible double top. H&S failures are still signs of structural weakness.

Good luck,

Jim
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