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Technology Stocks : Exide: Overbought or bargain?

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To: Joseph J Kalenkiewicz who wrote (85)7/17/1998 5:00:00 PM
From: Jim Goodman  Read Replies (1) of 125
 
thanks... 1) EX had fallen, as expected, since the pros loved at around 50., and was getting written up, recommended, etc., forming "PSYCLE sm" top, as normal....recently, formed a depr. base, at 17., and others in its I.G. shaping up, using my "I.G. rotation" approach, and was nothing more than one stock looking o.k. for a bounce, in the special pattern....if works, towards its 200 DMA, as usual, period.... NO news, NO fundamentals, NO story needed, as I teach....when/if it breaks I am out, period, no looking back....I have plenty of others in diversified portfolio...hope this helps,

2) please just click my "name in blue" in my S.I. profile, and link to my site...tons of helpful info. thereon....
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