CGI Group (GIB.A) - Message Board

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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Gary H who wrote (576)	7/28/1998 11:50:00 AM
From: Greg R	Read Replies (1) of 1673

<<what happened to the projection of $70>> If I am right, we will have a small correction here and then the stock will resume its upward ride. Using pure theory (horizontal arm of Center-Line Indicator (page 4-8) and Apex of Highest Set), that would give a price of $70 +/- around year end instead of this fall. That projection of $70 is (was) the best fit for the clues. As cautioned before and I believe INPATHIQUE cautions, for maximum accuracy, a series of bulls and bears are required. This stock has only had one long Bull-set. There is no previous "Bear" whose termination can be studied to determine the boundaries of this "Bull." I guess that makes this chart a "dog" to study?? I notice INPATHIQUE is showing an alternative pattern, that does not fit the clues well, but still fits the rules, requires a very fast climb over the next couple of weeks etc which would still deliver the higher values this fall. It would be nice, but I am giving up and preparing to take profits for now. The chart I am using is the same one that allowed me to nail that small correction a couple of weeks ago. Coincidence? I doubt it. I think this chart is very accurate on the Lowest sets. If so, I will go elsewhere and return when GIB.A is about to take off again. Greg

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