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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems
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To: gbucks who wrote (318)1/28/2000 9:09:00 AM
From: Dave   of 896
 
No handle on it yet, but it fits a classic TA example of breakout from a symmetrical triangle. Add to that good TA, the surging interest in XML, the upcoming Webmethods IPO on Feb 7, and I think this is a great position hold. If the breakout continues, I would expect to see BITS break the old high that was made during the spike in Dec.

Today's action is anyones guess though. I would expect to see a shake sometime during the day, but overall this puppy is headed north.
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