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Technology Stocks : Safeguard Scientifics SFE

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To: Rainer Lange who wrote (2619)4/15/1999 2:20:00 PM
From: wellab1  Read Replies (3) of 4467
 
Adding some charts to M.P.analysis.CMGI /SFE tie-up strong

with some predictive value.On below chart SFE moves with about 15 min
delay to CMGI.At 12:00 CMGI was going up while SFE slided in accordance to CMGI's previous slide .15 min later SFE followed CMGI
uptick ect.Good to squeeze $ 1 more by timing entry.

quicken.com

This delay is even bigger and more visible on a week chart.
It aso shows interesting phenomenon.SFE looks little more dynamic.Especially on the way down.The SFE downturn is overdone in comparison to CMGI.That can be attributted to different kind of investors following those stocks.SFE's investors may be more panic prone .They are not used to wild swings as much as CMGI followers

quicken.com

This dynamic is also bigger on the way up as shown on 1 month chart
SFE's 1 month appreciation was 140% on top and CMGI only 60%.
This confirms SFE is on its way to catch -up with CMGI's 1000% return/4-6 months.At one point SFE will have to take lead and loose those ties.This was happening already on Apr 12.
At the moment SFE will take lead ,it should be compouded by CMGI-like
investors not afraid of P/E 120 -switching to better prospects in SFE
than CMGI.

quicken.com

So what is next?
1.short term
The pattern repeats itself .Between March 04-24 SFE went up 100%.Took
a dive from 100% to 50% paused for a week and run another 120%.
Right now it is taking symilar dive (from 230 to 150%) and should take a week pause before next run.This is as a parabolic curve pattern
(bullish)as it can be.
of course all this can be delayed or interrupted by any broad market
moves

quicken.com

2.Long term
quicken.com

wellab
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