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Technology Stocks : Full Disclosure Trading
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To: Jan Crawley who wrote (7960)2/23/2004 2:29:32 PM
From: The Ox  Read Replies (2) of 13403
 
OT

The selling has been very steady, almost predictable. The TA isn't very attractive but it is pointing to a bounce around this level, imo. If you are strictly trading it, I would keep a fairly tight stop, since this is the proverbial falling knife at the moment.

I was just looking up some statistics on ASYT, reviewing them at the current price and most of them are very favorable. I think I'm ready to hold until the next earnings release at this point. The more I look, the more I feel comfortable owning at the current price. PSR is about .7 based on the consensus for next year's revenue.

Good luck to us both!
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