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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Harvardd who wrote (3453)	11/5/1997 7:27:00 PM
From: GR	Respond to of 14451

this stock has really frustrated me.i bought at 16 then sold too early on the buyout rumor at 16 3/8.if hit 17 1/2 30 minutes later.then i bought in at 17 and now have watched it go to where it is now.technically things arne't as horrible as i insinuated.i have intra day technicals,and i guess the w%r was trending negative at some point.the GOOD NEWS is that the w%R finished even,not more neg.More good news is that the macd histogram is trending up-that is bulllish;the macd is at bottom.Anyways i can't go into every indicator or i'll write a book,but.... my impression-for what it's worth-is that we could go lower-iguess support is at 12 or something.DMI is neg,non trending.Ithink we will go lower before we go higher unless some good news comes out.i hope i am wrong.