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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?


To: McNabb Brothers who wrote (1292)5/6/2000 10:45:00 PM
From: Andrew N. Cothran  Respond to of 3951
 
In my trading account, I took my 13 point one day profit in SDLI near the close Friday. I will, of course, stick with my original investment (at a $40 price adjusted for splits)since it is in a non-trading account.

On Monday, I will look to re-enter IF the price retraces to the mid-170's and if the volume at that time is low. If it continues up, I will leave it alone waiting for a retracement to establish another short-term trading position.

One good thing about SDLI: if you are wrong on timing you know that you can just hold on for awhile longer. It is sure to come back strong.