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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?


To: miklosh who wrote (5038)7/20/1998 3:17:00 PM
From: Jim Goodman  Read Replies (1) | Respond to of 14451
 
good of you to notice, so few of us even do chart patterns....anyway, my "PSYCLE sm" letter had added SGI., along with other similar-looking depressed Techs recently, at $ 11+, and, today, on the IBD article, sold at least 1/2 positions in calls at 15., for yet another nice trade for my approach....just too soon to expect huge breakout yet, and SGI. still must get above previous resistance over 16+, yes ? but, kudos to anyone else who had what it took to buy near 11., when the boo-birds were so negative, which, as I teach, usually happens near lows....anyway, best wishes to all from here, but told my subscribers to take some profits here, this a.m., and am looking for more of a pullback, before possibly trying to fulfill on the chart....will be in touch when/if....