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Non-Tech : Tyco International Limited (TYC)
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To: Y. Samuel Arai who wrote (1194)1/2/2000 11:40:00 PM
From: Don England  Read Replies (2) of 3770
 
sam, new to this thread - at least it's alive; i'm on threads where i've experienced multibaggers, and nobody is posting... go figger.

anyway, just got into tyc @33+ and am pleased. was wondering about your comment on 3 days of sideways movement. i read gary at tsc and try to figure out what it is he sees in charts that bears on a stock price's movement and feel i have a rude grasp of what he is doing. he likes at least 20 days of sideways consolidation in a stock's run-up before it breaks out again - loose rule-of-thumb. so, what is wrong with tyc moving 10 points, e.g. 28 - 38, and then consolidating before it runs again? or am i missing something?

thanks, don
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