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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop
SKM 19.93-0.8%Nov 4 3:59 PM EST

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To: bruce bell who wrote (12)11/20/1997 5:21:00 PM
From: Jim Goodman  Read Replies (2) of 122
 
very difficult, as you said, so am still staying away, pending more of a bottom to form, even if I miss it a bit....there likely will be a tax-selling bounce ahead, but I really want to see a truly more formed bottom...today's intraday bounce is a beginning, though, and good for you to notice....let's see if it can hold a pullback from here....I will still watch closely, though, and be in touch....
exhaustion V bottoms are the toughest formation to catch, versus longer bases, which I prefer....but few bases here....best wishes,
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