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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Melissa McAuliffe who wrote (175)3/9/1998 6:08:00 PM
From: Chuzzlewit  Respond to of 4509
 
I wasn't gloating -- just chortling! But remember "Beware the frumious bandersnatch" aka the dreaded doji!

Regards all from

Paul, inventor of the Levy Band (ersnatch -- move over Bollinger) and market timer par excellence!



To: Melissa McAuliffe who wrote (175)3/9/1998 6:53:00 PM
From: Marq Spencer  Respond to of 4509
 
Melissa/Raptor:
I do not expect this PSFT run to continue for long. I expect it to revisit 42-43 no later than end of March, (now that I've said it, it probably never will :-). However, Melissa guarantees that it will see 40 again, just not sure when :-):-). Paul, on the other hand, knows that it will hit 55, 60, whatever, and doesn't care what it hits in between :-). Sounds like a variation of the Heisenberg's Uncertainty Principle to me (one can predict the price but not the date).

- Brian (another on waiting for a buying opportunity).



To: Melissa McAuliffe who wrote (175)3/9/1998 7:01:00 PM
From: Marq Spencer  Read Replies (1) | Respond to of 4509
 
Melissa,
Have you checked out the relative performances of PSFT and BAANF? These stocks seem to have a correlation of 1, over the long haul. They have diverged over the past month or so, and if history is any guide, now would be the time to move money into BAANF until the two catch up with each other:

tscn.com

- Brian