S1 Corp (SONE)

Company

"S1 Corporation [is] a leading global provider to more than 4,000 banks, credit unions and insurance providers of enterprise software solutions that gives financial services providers one view of their customers. Comprised of applications that address virtually every market segment and delivery channel, S1 solutions help you integrate and optimize your entire front office, resulting in dramatic operational efficiencies, increased revenue opportunities, and overall customer satisfaction." (company website)

Buy

18-Jul-05. S1 has been in a long, steep downtrend since peaking last November (see sidebar). In May it reversed the downtrend and has just now broken above the $5 level.

• Price momentum (PPO) — steadily increasing over past two months
• Trend (ADX) — began strengthening in June and now well above 20 threshhold, with buying pressure (+DI) well above selling pressure (-DI)
• Money flow (CMF) — strongly positive and increasing
• Relative strength (RSI) — increased a notch over past two weeks, nicely positive
• Volume — average daily volume has been declining slightly, but days with greater-than-average volume have been strong up-days.

Sell

4-Oct-05. SONE sold today when the price triggered a stop-loss order at $3.90, set as SONE began moving up from the bottom two weeks ago.

Alas, this is a case of too little much too late. The 50-day moving average starting to decline a week after I bought, and if I hadn't been such a cockeyed optimist, I would have bailed at that point. Bad!