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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?

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To: Pullin-GS who wrote (338)11/4/1998 10:25:00 PM
From: Pullin-GS  Read Replies (1) of 656
 
SCOC declining as expected:
pipeline.com

Entered my shorts the day RSI crossed below 70.....still holding....will re-evaluate postition on Friday. Each day the chart is looking weaker and weaker, although we are closing in on the moving averages (21 and 50 EMAs). Volume is declining, with that comes sellers.....all this with the NASDAQ making 30+ point increases. I wish all my shorts were this easy.
I covered SEEK short at 30 3/8 for a 1/4 pt loss. CNBC is hosting SEEK for "Power Lunch". Will reenter after that if appropriate.
Flipped VLSI for 1/4 pt.
Sold half my AXTI for 1/4 pt....will reback when conditions are better.
Nothing else today....the day job had me the rest of the time.

Regards....
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