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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: P. Ramamoorthy who wrote (1461)3/18/1998 8:03:00 PM
From: DD™  Read Replies (1) of 1936
 
PR:

I incorrectly made the statement....

"Obviously the upward trend appears to have been broken, however the stochastics are entering into an overbought region."

That should have read "oversold" condition.

Like yourself, I sold my trading position at the close today, and retained a very small core position.

The stock had clearly lacked momentum previously, and if it did not convincingly break 8 1/2 this time, I told myself prior that I was going to close-out my trading position, which I did today.

Good luck to all. It will probbably charge ahead to 10+ now.

Hope to be back again when the stock has more gusto.

DD
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