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Technology Stocks : SAP A.G.
SAP 241.75+0.7%Nov 28 9:30 AM EST

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To: AMF who wrote (416)2/6/1998 2:31:00 AM
From: fred douglas liebling  Read Replies (1) of 3424
 
I looked at the chart,AMF, and the most reliable indicator for getting in was the stochastic which gives you an overbought or oversold condition. Just go to equis.com and click on their java charts for a view. TA imho simply gives you better odds. The best way perhaps to get in to SAP is simply to buy in a sell-off-- my mother got in at 93 during the october sell-off and the stock has never come close to that price since. I know alot of people call TA voodoo etc. but TA shows you if money is flowing in or out of a stock, thereby confirming or not the fundamentals; it's an art more than a science and you have to find formulas the work for you. good luck, fred
WELL, I just read Ibex's message about Hopps resignation and I'm quite surprised; tomorrow could be an opportunity but this certainly isn't a fundamental you like to see! The fact that continuity with Plattner running the American operations should ease the panic, but individuals do make a difference, Gerstner at IBM for example, so I do understand the sellers today.
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