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Technology Stocks : Saville Systems (SAVLY)

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To: Clint E. who wrote (110)5/27/1998 10:54:00 AM
From: giddy guru  Read Replies (1) of 261
 
//gg//

Clint,

Thanks for the update. Super entry on your trades.

NAZ corrected 8% so far. Lot of negativism on Tech now. Summer will be slow and I don't think NAZ is not going anywhere in a hurry. If Dow corrects 10%, NAZ will correct to 20%. Internet stocks, network and software are overdue for profit-taking.

Sold some and moved to cash. Waiting for the action one way or other in the p.m. Got out of MANU y'day at 30+ and waiting for an entry.

Too quickly everyone turned negative and that is positive in the short run. But the whole market is trending down.

Good Trading

/gg/
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