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Technology Stocks : Teltrend TLTN

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To: Hiram Walker who wrote (154)10/5/1997 9:06:00 AM
From: Crossy   of 215
 
Hiram,
thanx for Your observations and Your posting. HLIT is an old favourite of mine however it never passed my set of indicators. The fact that it went down significantly should make it an oversold play. Will look into it. Right now I planned to enter USSB by tomorrow. Seems to have completed its turnaround..

From first hindight HLIT is truly broken. It will need time to digest. Shortterm trading opportunity probably in 3weeks. TLTN had digested its downfall already. When the boss buys stocks it's another nice indication.

regards
CROSSY

bTW. profits don't hurt - Never !
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