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Technology Stocks : Silicon Image (SIMG)

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To: Asymmetric who wrote (34)10/13/2000 12:01:47 PM
From: Asymmetric  Read Replies (1) of 42
 
SIMG Finally Turning Today

Check out chart:

stockcharts.com[L,A]DACLYYMY[PB50!B200][VC60][IUB14!LA12,26,9!LK14]

We bottomed yesterday and this morning on this stock.
I picked up more shares at 12 1/4 near end of day
yesterday. Chart showing stock was way oversold on
both MACD & WM % R. Notice last time Williams % R
double bottomed (Aug) - stock ended up climbing 50%.
From 12 to 18 easily doable IMHO. Earnings report on
Oct 18. As analysts indicate management guidance is very
conservative. Look for this company to beat estimates.
We go higher from here. Anyway - nice bounce to 16 so far.

Peter.
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