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Non-Tech : soc-sunbeam
SOC 10.67+8.4%3:59 PM EST

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To: WISDOM MILES who wrote (327)1/30/1999 1:57:00 PM
From: go4it  Read Replies (1) of 407
 
Wisdom,

<<good accumulation for months, when will it reverse up?>>
Now that's the Million $ question.
Looking at the following chart:

iqc.com

It appears to me that the stock is actually in a distribution phase not an accumulation phase. There seems to be support at $6.50 but I am waiting to see if it is going to retest the $5 level or at least for a clear bottom to be put in before I buy back into the stock. Until then I simply watch.

Chuck
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