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To: Judy who wrote (99)4/2/1998 2:27:00 PM
From: Ms. X  Respond to of 389
 
Judy, SDTI was kind of a mixed bag.

On the downside, the RS was in a sell and in a column of O's which is the weakest reading. It was at the top of it's trading band and the daily momentum had been negative for 8 days.
On the upside, It had broken a triple top.

I looked at Dorsey's comments on 3-25, and he said to only buy on a pullback for a trade not a long term investment. He noted a stop of 29 which it blew past today.

The most notable here is the RS being so negative. That is why I am so picky with it. You just never know what is going to happen if that RS isn't on your side.

Take care,

Jan