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Technology Stocks : Safeguard Scientifics SFE
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To: Rainer Lange who wrote (2619)4/15/1999 11:27:00 AM
From: michael r potter  Read Replies (1) of 4467
 
Thanks, Bought a second trading position @71 1/4. Very wide spreads, as much as $1 1/2. Out of that position too early, had to take a shower, and was to wild to leave unattended. Not a daytrader. Even CMGI took a wek or two to correct what SFE has done in less than 5 trading hours. $6 moves in 5 minutes! both up and down. Lots of support low $70s. not that much volume on the way down to $71, a buyers strike, and panicked sellers. Much higher volume on the way up. We'll see if those lows hold, looks good so far. Mike
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