Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: michael r potter who wrote (3442)	9/13/1999 11:50:00 AM
From: still learning	Read Replies (1) \| Respond to of 4467

Which way to go SFE or ICGE? Mike, given the possibility of a second run in ICGE, which would you prefer, SFE, with a more limited upside, but a downside cushion (especially in light of recent action in DTPI, and possible re-awakening of the $3-6 laggards -- OAOT, CMPC, USDC DOCC?

To: michael r potter who wrote (3442)	9/14/1999 3:36:00 AM
From: michael r potter	Read Replies (2) \| Respond to of 4467

SFE $69 5/8 short term technical update. Well, that stochastic crossover finally occurred today. SFE has also violated -slightly- the uptrend line from the last bottom. So, will call it a sell signal, but caution that all these signals are not going to be valid. Sometimes an overbought stock will give a sell signal on a minor dip or pause, then continue higher causing the crossover to be reversed. Will report it though as it has worked more times than not this year, and it is consistent with the methodology used in previous buy/sell signal alerts. One other slightly disturbing sign is that the on balance volume was going negative even as SFE was moving higher lately. Probably just a coincidence, but the last sell signal was registered at $70, just about where this one is happening. This move was a good one from the latest buy signal at $51, so hopefully short term traders have done well. If this signal is valid, the 50 day moving average is around $65. If that doesn't hold, I would expect support around $62 1/2. Just have to play it as it goes along, and as always, do your own due diligence. If Vertical Net continues its recovery, it would increase the odds that this is just a small pullback-pause that refreshes for SFE. Long term holders: -you shouldn't even be reading this stuff! <g> Thanks, Mike