PSUN A new breakout at $30+! Message Board

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Non-Tech : PSUN A new breakout at $30+!

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To: Duane L. Olson who wrote (886)	2/8/1999 3:58:00 PM
From: Toby Zidle	Read Replies (1) of 1622

I don't know about a spring decline, Duane. Looking at last year, PSUN had a very solid uptrend from 2/1/98 to 7/1/98 (using a weekly chart). No spring decline in 1998! Prudential's Ralph Acampura this morning predicted a 5-10% market decline. That knocked the Dow down almost immediately. Maybe that's the start of your spring decline. Actually, I take the position that the stock market is a 'market of stocks'. Whatever the 'statistical' market is doing, you can find great buys if you can screen properly and then analyze the charts of your screening output stocks properly. I rarely short stocks. I prefer to be long on stocks that move up - even in a down market.

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