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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: Linda Kaplan who wrote (4361)9/14/1998 5:28:00 PM
From: OldAIMGuy  Read Replies (3) of 6565
 
Hi Linda, Call me nuts, but I added another 20% to my VLSI position today at $7-9/16. I can't say that the stock has been showing any great TA indications, but with the fundamentals what they are, I'll take a chance. Also, my risk indicator fell like a stone in the last week or so which is making me bolder than usual. (see execpc.com ) Now it's up to VLSI and the market to do what they can for us.

I've manipulated the SELL Resistance to give me my first sell signal on VLSI at about $12-5/8. I'll sell off only a couple of % of my shares at that price, but I want to start to rebuild my cash reserves as soon as I can.

Best regards, Tom
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