PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (644)	12/12/1997 5:00:00 PM
From: McNabb Brothers	Read Replies (1) of 940

Melissa, I've been investing for over 23 years and have been trading options and selling short for the past 6 years successfully, but we still make mistakes and learn something new all the time! Always remember the market is always changing and the markets will move as to how the masses see and think about the future! Need to be a very good people reader when trading where as long term investing requires alot less studing! If you want another TA indicator on PSFT this week, take a look at the weekly PSFT chart and it will show it opening Mon. with a higher high than the previous week and then on Fri. it made a lower low than the week before! In candle stick charting this is what is called a major key reversal with a dark cloud overhang! Still would not be long in PSFT as far as the TA goes and as far as FA goes it sure has a high PE for it's growth rate IMO! Hank P.S.-Paul Mike told me to tell you thanks for the hot tip on PSFT! By the way what are your thoughts on CLST now?

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