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


To: Rob Palmer who wrote (2865)5/18/1999 3:09:00 PM
From: Allan Harris  Read Replies (4) | Respond to of 4467
 
Are you still out there Alan?

I am you and you are me and we are all together.

What does your current TA tell you. Still looking for the high 100s?

Everything is still on track for 120-150-180, basis Elliott Wave and Point & Figure mapping. I wouldn't want to see 60 taken out on the downside.

I see a lot of fretting, hand wringing and nervousness about the market in general and the Internet sector in particular. The same scared voices also complain about complacency. Yet, every inflation/interest rate scare is met with the wholesale dumping of stocks. This is not my idea of complacency.

We are and have been in a secular bull market led by American technology and communications, led conspicuously by the Internet. I do not want to jump off this train every time it slows down, because it's not that easy to get back on. My Internet stops are way, way down there for now and I am not watching nearly as closely as before.

I don't mind giving opinions, but like to avoid giving advice. Here's a little of both: Don't watch this stock too closely, don't analyze it too often, don't let market volatility take your shares away, prematurely.

As long as the Internet represents the future, SFE is poised to reward everyone handsomely over the coming years. That's the bet here.

A