Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (10753)	12/29/1999 12:51:00 AM
From: Ms. X	Read Replies (1) of 63513

Don't like it. Way huge break and this rally may just be setting up for more of a downslide. The relative strength is also breaking down and is real close to reversing into O's. That was a very large base to break. The PO from the horizontal is 27. Really what that means is there is a definite bias to the downside. Any rallies could be used to exit positions or to short the stock etc. Of course, if it rallies enough to give a buy signal then we have to look at it again. But, with that big of a break.... eh, don't think it is too likely. DWA said this today: 12/28/1999 [GTE] GTE Corporation ($69.625) broke a quadruple bottom at $71.00. This move breaks two strong areas of support. Can move to the sidelines here.

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