The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: bobby is sleepless in seattle who wrote (67969)	10/26/1999 10:29:00 AM
From: stan s.	Read Replies (2) of 90042

PUMA, hi bobby, these patterns are kinda tough. It's trying to form a low end base with 25 7/8 as support before making another run resistance at a little over 35. A couple ways to play it...hope that it settles here for a bit, gets nicely oversold and buy on the momentum indicator buy signals...or as you say wait 'til it bulls over resistance on volume. As an aside I believe a PnFer would say wait 'til it breaks over 35 1/4...and holds. Somewhere, somehow, someday...it's probably gonna fill that gap at 17.50. Nothing to worry about now....that's just talk on my part, I don't know the story here. Stan

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