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


To: Wyätt Gwyön who wrote (1968)6/26/2000 1:49:00 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 3951
 
Most of the calls are simply based on lower tops and bottoms which is usually a negative sign for a stock. That said, the fed will be the biggest positive or negative for the few weeks. God knows I hope I'm wrong as I bought at 267 on Friday. For the next couple days I view this more as a trading stock.



To: Wyätt Gwyön who wrote (1968)6/26/2000 10:42:00 AM
From: Boplicity  Read Replies (1) | Respond to of 3951
 
news can come along at anytime and change the current picture, so your distain for TA is warranted if you take TA as an absolute, which TA is not. Right now the stock is running on the GLW news and the fact it has sold down. The close will be more important then the action during the day anyhow. Furthermore Greenspan is only a factor if he does raise rates, the market will view that as going too far, but you are right, the market will be in the wait and see mode.

Greg