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Technology Stocks : Security Dynamics SDTI -- How much money can they make??

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To: MskiHntr who wrote (1414)5/5/1999 1:35:00 AM
From: Jeff Bond  Read Replies (2) of 1614
 
Seems like the market had something to say today. Me too :o)

1. SDTI volume was pretty light; intra-day day end dropoff typical.
2. SDTI is behaving like a momentum stock, bouncing off 10 day-ma.
3. Price pattern looks very much like Dec. 8th to Dec. 16th, 1998.
4. 200 day, 100 day, 50 day, and 10 day moving averages all trending up.
5. Moving average crossover days and MACD seem good indicators.
a. 10 day-ma crossover 50 day-ma started last and this rally.
b. 50 day-ma crossover 200 day-ma ended last party.
c. MACD topped same day 50-day-ma crossed over 200 day-ma.
6. Lines of defense (10 day @ $20.44, 100 day @ $19.68; 200 day @ $15.88).

If 10 day-ma is breached, the stock is attempting to prove it can hold the 100 day-ma at $19.68. If it succeeds, we're off for anouther bout of follow the 10 day-ma fun fun run; if it doesn't hold, might be a good chance we jog on back and re-visit the 200 day-ma at $15.88 range.

Any thoughts, anyone flipping, anyone a HEAVY owner of internet stocks instead of having some core holdings with earnings? I'm liking the chart, better start finding out a little about the company :o)

Regards, JB
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