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To: excardog who wrote (6615)2/11/2002 9:16:54 PM
From: Second_Titan  Read Replies (2) | Respond to of 206321
 
WFT is moving about the same as SII.

If the bottom is near and you had millions of investors dollars to invest, where would you sink your money for a fruitfull 2003?

Where else do you have the risk reward in the market? If the economy booms soon maybe techs can justify present inflated valuations. Most of the patch is trading at the low end of valuations at this point in the cycle.

Not max margined but fully vested and holding LEAPS.



To: excardog who wrote (6615)2/12/2002 8:23:04 AM
From: chowder  Read Replies (1) | Respond to of 206321
 
Cardog, SII is overbought on both the weekly and daily charts. The stock is also coming up against resistance with a double top. This usually indicates a reversal is due, caused by some profit taking.

Volume was decent yesterday. The stock can stay overbought if the volume continues to rise. If the volume drops off, the profit taking will probably begin.

If the stock rises on double the average volume, you'll have a break out. So as you can see, SII is at a crossroad. The next day or two should indicate where it wants to go.

dabum