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Technology Stocks : Softkey (SKEY)?

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To: zTrader_77 who wrote (112)3/13/1996 1:07:00 AM
From: john r. arnold ph.d.   of 247
 
It seems to be tracking the NASDAQ Comp. A breakout was attempted on Wed 3/6 but didn't get the support of the general market. It is trending sideways (very unusual) with support at 20 which equals the 200 day moving average. I suspect a breakout on the upside tomorrow along with the general market. Once it gets going my target is initially 25 and if the general market cooperates, then 30, before a serious correction. The strength of this move will be evident on Monday after options expire.
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