The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Rick Smith who wrote (11483)	10/17/1997 11:12:00 AM
From: Craig Stevenson	of 29386

Rick, What do your technical indicators tell you now? I have a couple that are saying we may have bottomed here. I have a trading system I developed that may actually go to a "buy", depending on the action for the rest of the day. It's been saying "sell your trading shares" until today, but I've only had the software for a week, and I didn't believe it at first, and by then it was too late. <g> I checked it historically against ANCR, and it seems to be pretty good. I'll probably have to keep fine tuning it, but I am interested to see if it agrees with what you are seeing. I'd also like to find the bottom so I can re-purchase a block of investing shares I sold to (almost) cover my trading losses. Craig

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