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Technology Stocks : Amati - MAIN THREAD

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To: Jim Roof who wrote (664)7/14/1996 9:36:00 PM
From: Emile Vidrine   of 700
 
I looked at the chart. According to the theory,where is the best place to short? From your previous comments,I thought you had to wait until the second shoulder formed. SYSF has not formed the second shoulder yet. Do you waiat until the beginning of the formation or do you try to anticipate the second shoulder for greater down-side?
Shorting is interesting because that way you can play the stocks both up and then down. I requires the smae homework---you look for strength going up and weakness going down.
The only caution I would ring on SYSF is that its a profitable co. with great potential to become more profitable--unlike Westell and Amati that have only great future hopes. Great future hopes with no substantive profit dollars today makes it much easier to stampede the herd.
Thanks for sharing this with me.
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