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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: V3 who wrote (3425)	11/2/1998 6:37:00 PM
From: V3	Read Replies (4) \| Respond to of 4509

Silly me. I made that last post without reading through all of the news. :) Tomorrow morning, I expect PSFT to open higher than today's closing. I can't say how much higher since I haven't had the time to monitor today's aftermarket tradings. Here's my new updated short term prediction: Strong resistance at 26 (based on my observations and not from TA'ing). While today's news were positive, I don't think it is strong enough to break the 26 resistance tomorrow. Given enough time, it will, but not tomorrow. Most likely, I think PSFT will temporarily reach 25~26 within the next 24 hours and settle down to around mid 23s or low 24s. Be assured if PSFT rises above 25, I will be selling half of my shares and trying to buy them back at below 22 for the next few days. Still Holding on Strong, Robin p.s. gc, what was that about selling PSFT? Do you have any idea where I would be if I took your advice and sold earlier today at below 22? ;) May I call you Mr. Negatory Ace from now on? <smirk>