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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST

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To: Yo Eleven who wrote (312)7/25/1996 11:08:00 PM
From: Stephen M. Neal   of 674
 
Doggonnit YO! I am out here trying to save you some pain and you're goin' wild! Seriously, there is a gap between 10 1/8 and 10 3/8 that was created back in January. If we close below 13 1/4 it will probably be filled. It will take a close above 16 7/8 to turn the trend back up. So far the pattern suggests a B wave unfolding favoring the first scenario. Buy signal in IBM, however, might be supportive. Earnings look good, but I noticed Goldman downgraded the stock.
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