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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: B-MAN who wrote (511)8/3/1997 3:55:00 PM
From: Doug R   of 79309
 
B-Man,

Umm, I forgot to tell you that after a stock blows through the IL it still gets a very nasty reaction as I'm sure you've discovered. The recovery was very nice on it. But now EPIQ closed on Friday right at the damn IL again. Proceed with extreme caution because stopping at the IL is recognition of resistance. If it can't get through it again the recovery will not be as swift.

Doug R
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