SDL, Inc. [Nasdaq: SDLI] Message Board

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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote ()	4/4/2000 9:08:00 PM
From: brightlake2	Read Replies (1) of 3951

I cannot believe the swing. I did not even act to buy more. The technical chart does not look good, which indicates that we will be in trouble until ETEK reports a great earning next week. I see a lot of shorts coming. All the stock in this optic space has broken their 50 moving average, and many has touched or near the 200 day moving average. I have a lot of SDLI and will need to sell my mutual fund to cover for the short term down draft. I pray for no more swing like today. It was scary. On the other hand, all of the NASDAQ's leader groups have been broken down (optics is the last?) and I guess the correct has run most of its course. Let's hope we do not have a real bear market. Some people claim that most of the money on the sideline has came in today. No more bargain hunters available. History says that the last group down is the first group to lead the recovery. We will see if this happens next week when earning starts to roll in. Good luck to all. BL

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