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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: James Wright who wrote (4696)5/10/1999 1:23:00 PM
From: Bruce A. Brotnov  Respond to of 6445
 
Jim, I am still hanging with SFP with 1/2 original investement as I trust SFP more than the market. SFP has a habit of pulling back and then recharging, but seems to have a steady upward direction over the long haul.

bruce



To: James Wright who wrote (4696)5/12/1999 8:19:00 PM
From: James Wright  Read Replies (1) | Respond to of 6445
 
When I'm right, I'm right. When I'm wrong . . . <g>

Here's what I said two days ago:

"From a technical standpoint, SFP at 40 looks like it is breaking out of a flagpole / pennant formation. If so, it should rise to the low 50s before hitting its next resistance level."

Looks like I missed that one, given today's dip to near 36! However, I'm still very bullish on SFP, even though it did not follow through on what I thought was a pennant formation.

-- Jim