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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (15405)4/1/1998 5:00:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68166
 
Suresha, I am particularly proud of my SDTI call because I called an 8-month consolidation pattern in SDTI within an hour. The last time that it closed above 42 was the 1st week of Aug. 97.

Yes, this is an amazing market. I've said privately that I won't try to guess the top. I just go with the flow.

Hey, when the top comes I'll let you and Harry know privately. Should be sweet on the way down too.

Clint



To: Suresh who wrote (15405)4/1/1998 5:09:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68166
 
FYI, both MCHP and DIGI warned after the close. We talked about these two a couple of weeks ago. Shouldn't be a surprise to anyone.

Clint



To: Suresh who wrote (15405)4/2/1998 9:11:00 AM
From: Clint E.  Read Replies (2) | Respond to of 68166
 
Suresha, I am toast this morning. A classic pump & dump case.

Last time that I ran into something like this was in Jan 95 when I had ADBE and it dropped from 65 to 40 due to missing earnings. ADBE was raised to buy or strong buy a couple of days prior.

One lesson I learned from that was to diversify. So, it is not bad this time around.

Later;

Clint

08:37 ET Security Dynamics (SDTI) 42 1/2: Designer of network security products warns that it sees a Q1 shortfall. Puts Q1 operating net at $0.14 a share on revenues of $39 mln. SDTI shares indicated 13 1/4 pts, or 31% lower. According to Zacks, company was expected to earn $0.19 a share for the qtr.



To: Suresh who wrote (15405)4/2/1998 10:00:00 AM
From: Clint E.  Read Replies (1) | Respond to of 68166
 
avged down at 29-1/4.

SDTI is currently trading at $29 5/16

Symbol : SDTI Exchange : NASDAQ
Description : SECURITY DYNAMICS TECH INC

Last Traded at: 29 5/16 Date/Time : Apr 02 9:59:00
$ Change : -13 3/16 % Change : -31.029411

Bid : 29 1/4 Ask : 29 5/16
Volume : 0 # of Trades : 2060
Opening Price : 28 9/16 Last Shares : 10
Day Low : 28 1/2 Day High : 29 5/16
52 Week Low : 22 3/4 52 Week High: 44 3/8