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

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To: bdog who wrote (32621)11/14/1999 7:01:00 PM
From: Trippi  Read Replies (1) of 79227
 
Doug a couple of weeks ago you took some of your busy time and took a quick look at WAVX for me -- at the time you said if it broke below $9 it would go to $6 and sit there for several months -- you also said that if it held $9 it would go to $20 within a few months if not sooner -- as usual -- you have been right on the money again -- a few days after your post WAVX moved to the $13/$15 range and has held steady there for the past week or so -- First my thanks for the occassions you have been willing to help folks like me out -- second -- if you have a chance you might want to take another look at WAVX -- I think there are now fundamental reasons and news events likely in the near term to reach the $20 you projected a few weeks ago -- I am not very proficent at TA -- but to my uneducated eye the chart looks like a pennant has formed in this range.

Trippi
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