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Non-Tech : Simula (SMU)

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To: Noblesse Oblige who wrote (673)	10/16/1997 10:40:00 PM
From: wally	of 1671

Hi Noblesse: The way I see it. We are just drifting. This morning I had 1600 to buy and it went up 3/8. In the afternoon we went down on no volume. However, I think one could sell alot of stock between here and 18. In other words this is where the support is. On the other hand the supply is north of 20 when buying. Any fall from here will not go far south("I think"). The technical picture is much better then the share price reflects. As you know smu traded between 14-18 for 1 1/2 years. All we are doing is testing a large support zone. What we really need is an ITS order. I am going to say it one more time for good luck. We need an ITS order!!!!!!!!!!!!!!!!!!! Have a good evening and feel better!

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