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Technology Stocks : Full Disclosure Trading

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To: Sam Citron who wrote (5735)6/2/2003 4:27:46 PM
From: Return to Sender  Read Replies (2) of 13403
 
Sam, I think that huge gain you scored in CY has us all envious.

Congratulations!!!

Last night I posted over at InvestorsHub that each time the SOX has reached an RSI of 69 to 70 the index has corrected. The index had a relative strength of 69 on Friday:

investorshub.com

Today some correction for the SOX seems to have begun. At this point I am not going to make any predictions about how deep a correction may or may not actually take place. I think I'll stick with Gottfried in the simple assumption that 84 stocks out of 100 with buy signals is enough to expect a pullback. How deep a pullback remains to be seen.

Next question; Do I take my short sale gains on ALTR before the mid quarter update after market close tomorrow or let it ride?

RtS
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