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Non-Tech : Simula (SMU)
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To: Jaime H. Ayalde who wrote (816)12/10/1997 10:01:00 PM
From: wally  Read Replies (1) of 1671
 
Hi Jamie: I agree, when we have a day packed with volume a
new pivot low will be near. We need to get through this month.
We opened the year at 13 1/2. I would look for some support
between 13-14. However a sloppy market will bring lower
prices. The supply demand story is very negative at this point.
At this point I would like the stock to just flush out to the
south to see where the buyers step in. That will mark the bottom.
The next 7 trading days will tell the story.
Have a good evening!
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