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

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To: Doug R who wrote (33121)12/20/1999 12:32:00 PM
From: ivan solotaroff  Read Replies (2) of 79197
 
LH

Doug,

Thought you might like this chart:
bigcharts.com
It's an old cat/cum Este cat:
Here's the gap (12/21/92--doubt we'll see those heights again)
chart.yahoo.com
but, here's the Este-gap (8/1/96)
chart.yahoo.com
You know I suck at MIMBOs. That I in fact suck the Big Mimbo. But I believe that the current resistance at 3 11/16 is old overhead, an aftershock memory of the 3 5/8-3 7/8 doldrums that followed the Este-gap. If that's cleared on volume, and that clearance is in fact the BO, then this could be a no-brainer to $6.875.

Ivan
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