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Technology Stocks : PSFT - 1997 Outlook [closed thread] -- Ignore unavailable to you. Want to Upgrade?


To: Rick who wrote (795)1/27/1998 5:49:00 PM
From: Marq Spencer  Respond to of 940
 
Rick:
I think the reason you have done well and will probably continue to do well trading PSFT is that it is a very volatile stock that is on a sustained uptrend. So, as long as you buy into the idea that the uptrend is intact you can make alot of money trading the ups and downs.

I agree. That's why I was concerned when I thought that the lower trendline had been violated yesterday (which was established since the last week of Aug '97, and passes through just below $32 at this point).

- Brian.