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Strategies & Market Trends : Rande Is . . . HOME

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To: Baton who wrote (32731)8/23/2000 9:00:19 PM
From: Mark Konrad  Read Replies (2) of 57584
 
GMST...I'm interested, too, Baton! A quick look at the chart shows both the potential for a breakout through July highs of about 77 AND a perfect double-top. Slow-moving stochastics are in OB territory but macd is still rising from reasonable levels; no definitive signals there. My brain and gut say that any new positions should be established on either the breakout (something near 78-79) or on a significant pullback (perhaps to the area of the uptrend support line at 65 or so). Thanks for the news and link!--MK--
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