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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?


To: Allan Harris who wrote (2297)3/10/1999 7:33:00 AM
From: robert miller  Read Replies (1) | Respond to of 4467
 
Allan,

SFE purchased an additional 107,500 shares of CMPC in Feb.

insidertrader.com

bob



To: Allan Harris who wrote (2297)3/11/1999 5:00:00 PM
From: Micawber  Respond to of 4467
 
>>So far today SFE has confirmed the breakout, trading north of 39. As long as it holds up here, we have a Wave 5 BUY Signal.<<

Quite a call, Allan.



To: Allan Harris who wrote (2297)3/15/1999 6:17:00 PM
From: Allan Harris  Respond to of 4467
 
In earlier posts I had suggested an initial target of 65 for this move. In light of the events of the past few days, I would like to expand on that view.

I use a number of different pattern recognition techniques to project targets and stops, including Point & Figure, Elliott Wave and Fibonacci Extensions. I also use Daily, Weekly and even Monthly charts to confirm patterns.

Last week triggered several new BUY signals with new targets. Point & Figure generated a BUY with a target of 81, using a vertical count. The Weekly and Monthly Elliott patterns are now suggesting a move to 90-110. These are longer term projections and don't necessarily suggest a straight line move to those levels. My stop would be the lows of last week and as SFE progresses toward those targets, that stop will be raised.

A