Scientific Atlanta -SFA- going up ??? Message Board

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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: Wolf 2 who wrote (310)	8/21/1998 11:53:00 AM
From: E. Graphs	Read Replies (2) of 1045

Wolf, Market's getting hammered. What are you doing? I have been using monthly lows for guidance, but SFA's monthly chart is a bit difficult to read. quote.com OTOH, the weekly chart shows a struggle going on just now. If it goes to 22/22 1/8 then we move into a s/t downtrend and I close my position at ~25 next rally. If we hold the lows of today, however, then we are still in an uptrend. To see this just go to the box to the right of "time" and select "W". Also, use this chart to plot your issues on the monthly trend, and then also see INDU and COMPX. Try DPMI to get your low for this month.........of course, we must remember that trends can be broken! Most of my stocks have been making higher monthly lows up until now, and this is what I hope will hold for today. Of course, the month isn't over, yet. Days like this are tough if you're long, but easy if you trade and have cash. E!

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