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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 92.96-0.9%Dec 15 3:59 PM EST

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To: Don Green who wrote (10251)7/10/2002 1:00:00 AM
From: MJ  Read Replies (1) of 14451
 
Is it possible that we are witnessing a selling climax which means for the technician a buying opportunity? Climaxes come on increased out of the ordinary volume---and that we have in SGI now.

Short term traders who are very astute can make money in this market and even in SGI.

Rather than shortterm trades-----the real question imo is which stocks that have beaten down are to be bought for long term capital gains. And, the next question is---is it reasonable to look at SGI for long term.

Just posing some questions.

mj
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