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Strategies & Market Trends : RAINFOREST CAFE (RAIN) RESTAURANT AT 136 P/E-

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To: Candle stick who wrote (2)10/23/1996 11:10:00 PM
From: Candle stick   of 12
 
RAIN shaved another 1 1/8 off its lofty price today and is proceeding nicely to test the trendline at 29- 30 area. I think it will eventually break and look to see 20 dollar area again. The overall maket took a small hit again today and a general correction is definitly in order. RAIN will not be spared till the buyers above 30 are shaken out.
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