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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Ryan Plovie (Hijacked) who wrote (19980)2/3/1998 7:58:00 AM
From: Harold S.  Read Replies (2) | Respond to of 36349
 
Ryan,
the system I am using was applied to the stock you requested. ACRT was rated a buy on 1/23/98 when the stock was 16 7/8. The stock is still a buy today. That buy signal on the 23rd was actually triggered by 4 different technical indicators all firing buy at the same time....a very good signal. Just as a side note, the computer had issued a sell signal on this stock on 12/1/97 when the stock was 29 and change. So, following the system I am applying you would have had a 13 point gain on the short, covering at 16 7/8 and now be 3 points up on the long from the 23rd of January. the system does not back test to be as reliable with all stocks as it appears to be with this one. Hope this helped.