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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?


To: kvogel who wrote (716)3/19/1998 8:21:00 PM
From: IngotWeTrust  Respond to of 915
 
Tried like crazy t'get into SI earlier today, MANY TIMES! WE HAVE BREAKOUT! AND ON VOLUME over 1mil shares...heh heh heh!

I agree w/your $9.5 to 10 in rather short fashion is in the cards acc'd to my channel projections. What is your prognostication tool du jour?

RE: your concern re: general market correction, I'm not sure the lil'uns will be the first to get "hit"...even so...6 7/8 to 7 3/8 will probably contain any action on the downside, even tho' a shelf of support should now become apparent at 8ish.

Thanks for the kind words,Freddie...
I can only tell you what I think, since I'm no broker, ok? So, my opinion is only as good as the next guy/gal...
This breakout rally should hold for 2 more days like into the early part of next week as options players get involved in this action.

There is an old 3 day psychological trading rule that I like to follow...
since I never get to buy the bottom
and
I never ever get to sell out at THEEEEE top...
so think about grabbing s'more for a quickie 2 day play...
discipline yourself to take profits,
and then look for a place to step back in as nervous nellies stew and fret over end of April's quarterly close's earnings!

Good luck/and congrats to all the long and strong faithful on this thread...I'm glad I joined in here!
O/49r



To: kvogel who wrote (716)3/19/1998 9:59:00 PM
From: H.P.  Read Replies (1) | Respond to of 915
 
I've been following/trading SSAX since 1990. I notice that it usually does well on a day when there is a MILD pullback in the major indices. The money managers sell the big stocks to lock in profits, then go "value shopping" and push SSAX up. On a day when the broad market goes up like mad, they usually dump SSAX to generate cash to buy the big stocks. Of course on a BIG down day, they dump everything including SSAX. So, I'm hoping for a gradual down market.

By the way, what happened to Margo who used to be the Investor Relations contact at SSA ? Did she retire or get fired?