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Technology Stocks : Thermo-'s, six stocks ....look like exhaustion bottoms ?

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To: John Hayman who wrote (8)6/10/1997 4:09:00 PM
From: Jim Goodman   of 103
 
excellent question, thanks....I hate to get too specific, but, by the strict adherence to my "PSYCLE sm" pattern recognition, it is (TMD) just not as ready yet, as the others were, near their recent lows/formations....you are correct, it is depressed, but, I'd like to see more of a well-formed base first.... TFT, Thermofibertek, only near lows around $ 8., may set up again....didn't quite breakout recently over 11., from $ 8. rec'd. price low....but we shall see....and, THP, this week, rose to $ 6 5/8. actiing well, as predicted/expected..... if it can get over 7., it may pop further....

last, again, with my concept, we never "pay up" nor "chase"....
if it is not at our perfect price, we do not buy it, no matter what...
adding close stops, properly diversifiying, and eliminating all emotional attachments to anything helps even more....I teach my "PSYCLE sm" gratis, to anyone interested, if you e-mail me....but we do ignore 95 % of everything others try to use to time stock price moves, so many people do not have what it takes to excel at this... thanks, and best wishes,
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