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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Lost1 who wrote (4476)6/17/1999 2:02:00 PM
From: James Strauss  Read Replies (2) of 13094
 
FCLX...

Lost:

We are getting a new double top breakout to new highs... Previous breakouts resulted in 100% and 50% moves higher... So, being very conservative, I'll cut the next move in half to a 25% move... It could be much better because many cable buildout expenses are already accounted for... As such, a move to the 10.00 area seems reasonable...

Jim
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