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Technology Stocks : Speedfam [SFAM] Lovers Unite !

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To: Mark20 who wrote (2646)2/4/1998 4:32:00 PM
From: David Kuspa   of 3736
 
Mark, never cry over a missed opportunity. It could easily have moved the other way. You just weren't convinced enough to make your move, and that's ok. SFAM usually has a wide spread and daily trading range. Now that it's broken out of that, I'm not doing anything until a clearer pattern develops. But if it moves back down <$26 I will definitely consider adding to my position. Except for the major moves both up and down, this stock has been an easy one to trade within a 3-4 point range once it settles into a pattern. I hold a core position and trade with another 25-50%. Today was a really good day. I bought at $24 just a couple of days ago, expecting to sell at $28, which was around the high end of its most recent pattern.

Good luck,
D. Kuspa
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