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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Esteban who wrote (8347)	11/24/1997 11:49:00 PM
From: Sergio H	Read Replies (3) \| Respond to of 79378

Esteban and Ivan, are you gentlemen aware of SGI's share buy back program? For some reason, it may not be widely known. Japan market is down almost 5%. It's interesting to note that this in reaction to the US market's reaction to their news. Oh well, I think that we'll suprise them tomorrow and forget about their news. I see a rally developing. Sergio

To: Esteban who wrote (8347)	11/25/1997 2:17:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79378

Esteban, At each PGDCEB signal that SGI has produced, the stock made a hitch up. PGDCEB signals don't mean that the stock will catapult to new highs. It's a short-term trading tool. If SGI doesn't gap at the open tomorrow, it will make a good short-term trade as long as you watch the uptrend line. A 5 minute chart would probably be very useful. As far as PGDCEB stocks go, SGI has been very cagey and buying toward the close of the signal days it has produced would have been the best strategy so far. Of course that takes the diligence required to be on top of it at the close every day but it's been consistent. As long as SGI keeps putting up the signal, the PGDCEB play will work for the nimble. Doug R