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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (18921)	2/20/2000 12:21:00 AM
From: Ken W	Read Replies (2) \| Respond to of 29382

Sergio and brogan: SOCT: Ugly chart, sorry. siliconinvestor.com Note the double top then break down thru the 50dMA, agreed the volume was not huge on the break through, but looks like some one did not like the debt assumption they took on. There might be a trade here between 1.50 and 2.00, but things are not looking good unless there is some big move on the part of the company to drive the price higher. The monthly chart confirms the 1.43 support, but also confirms the MACD sell signal just given off along with the RSI turn down. As a trader I'd have to pass on this one. Yep, "trader". Once again you have helped me to define myself Sergio. "you have to do what you do best". You are the man on FA investing, but I have "a talent for making a fast buck". Again I thank you for your tutorship. Ken