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Non-Tech : Simula (SMU)

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To: Jaime H. Ayalde who wrote (810)12/4/1997 4:20:00 PM
From: wally  Read Replies (1) of 1671
 
Hi Jaime: I can not believe how compressed SMU has gotten, and
the volume is shrinking. We must be very close to a
powerful move, up or down. Sometimes you get a false move
in one direction leading to a bigger move in the other.
This 15 1/2 to 16 1/2 range should end very soon. North
would be nice.
Have a good evening!

PS The 30 day ma is around 16 1/4 now and declining. A close
over that ma should turn us.
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