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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 (3200)	10/23/1998 12:02:00 PM
From: gc	Read Replies (1) \| Respond to of 4509

Different people looking at the same chart may have different conclusion. Basically, chart is no more than a trajectory in the physical world. Although it is a past history, the law of physics tells you a lot about its present and its future such as the speed and direction of the movement, the acceleration and the momentum. We know there is no external market force to change the momentum for now, it has to drift to its next support level which is slightly above 15. Right now, the general market is ready to consolidate. Therefore, my conclusion is psft will go down lower with it..