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Technology Stocks : Safeguard Scientifics SFE

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To: still learning who wrote (4214)7/18/2000 2:59:48 AM
From: michael r potter  Read Replies (2) of 4467
 
SL, glad to see you are back. The chart of SFE is much improved, and ICGE's looks even better. ICGE has broken above some significant resistance on good volume the past few days. It's been a long time since I've been able to be positive on ICGE from a technical perspective but this is about as good as it has looked in quite a while. Hopefully, SFE will follow suit. A chart of ICGE with volume and money flow, on balance volume etc: askresearch.com thanks, Mike PS, one note of caution, NASDAQ has done quite well the last 4 to 6 weeks, and in recent years, having a peak around mid July with a Sept to early Oct bottom has been the pattern. Who knows, but this year may be the same. I guess a contrarian argument against a repeat is that this pattern is now fairly well known.
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