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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (21853)	8/8/2005 3:13:07 PM
From: Ray Rueb	Respond to of 78659

SXT: in a downtrend, but in buying range for the patient investor. Upon reviewing a 5 year chart, there seems to be serious resistance at 18 and a 5 year low at 15.50 after 911. The 6 month chart says you're still in a downtrend, but the band here seems to be $18 to $24 in a 1 year oscillation. That's a 33% gain while receiving a 3.3% dividend. Maybe a 1/2 position now and a 1/2 position in 3 weeks. Nice suggestion Paul You all be careful out there, Ray

To: Paul Senior who wrote (21853)	9/8/2005 8:14:05 PM
From: Ray Rueb	Respond to of 78659

I'm really happy with the SXT position I took When you posted this notice on 8/5, SXT was at about 18.30. I responded to your post (http://www.siliconinvestor.com/readmsg.aspx?msgid=21583837) and over the next two weeks averaged into a full position at 18.29 by buying in 3 batches. Now with the stock price bouncing between 18.85 and 19.00 each day, SXT looks like its going to repeat history and head rapidly back to 22 over the next few months. This one definately requires patience. You all be careful out there, Ray