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

To: dianeinreno who wrote (1747)6/15/2000 12:01:00 AM
From: hasan syed  Read Replies (1) | Respond to of 3951
 
Claudette, if you go by pure technicals, I'd say there's a shot at retesting some congestion in the 240 to 250 range before a continued move upward. Just above resistence, centered at 255 ñ 14.5. type single, strength 1 (per my charting software with next support that is quite strong at at 221 ñ 12.6, type double, strength 5) That said, allow me to caution that this is no guarantee that we will in fact see those levels, particularly since this friday is options expiry (not to mention triple witching). No matter what share or dollar amt I ever intend to purchase of a particular stock, I always try to buy it in atleast 3 pieces. Thats my style and it works for me. I will be buying more SDLI in a similar fashion, given the opportunity. Hope this helps.

Regards,
Hasan



To: dianeinreno who wrote (1747)6/15/2000 12:02:00 AM
From: Boplicity  Read Replies (1) | Respond to of 3951
 
If the market recovers Thrus, like I believe it will, SDLI is going to making a new high, even if it doesn't I feel SDLI will be moving higher soon when the market does recover. Today's selling was on low vol. and was an inside day, nothing at all has me worried about SDLI as long as the market doesn't fall apart that is. When the stock gets near 300, then I'll worry about the end of the run.

Greg


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