SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Czechsinthemail who wrote (732)6/17/1997 7:38:00 PM
From: Jay Parekh   of 1472
 
Baird,

Like you, I prefer a simple approach.

I have looked at numerous so called technical analsis tools predicting price movements in securities. None were impressive.

80% of my investments are long term. Once a week, I do some day trading with 10% of my assets. For day trading I stick with large cap securities with proven earnings (MSFT, ORCL, DELL, INTC, etc.).

Seems like RSYS cleared the $40 sellers today. If all goes well, the next selling pressure (so called "resistance level") will probably be around $48-50.

I am holding until the mid 50's which I consider fair value for RSYS.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext