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Technology Stocks : Safeguard Scientifics SFE

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To: Capt who wrote (2925)5/24/1999 11:00:00 AM
From: michael r potter  Read Replies (2) of 4467
 
Trading info: For reference, the 50 day moving average which has been tested and held [March, April, and early May] is now at $77, while the 200 day m/a is at $52. Todays low has come close. The longer term stochastic is on a sell signal. [remember, just one of many inputs that make up a buy/sell decision]. Am still holding off on re-extablishing a trading position-at least so far. Have doubts again about the 50 day m/a holding. SFE has exhibited a series of lower highs since the $120 top. Valuation still pretty full. Mike
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