Wedges, triangles, and stuff: Chart patterns for breakouts Message Board

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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: HeyRainier who wrote (39)	5/29/1997 10:26:00 PM
From: Mike Kehler	of 257

Rainier (off subject - SEG FA), Thanks for taking a look at SEG, and I am glad to see that you agree. I personally don't think one can go very wrong with SEG at 40 (but I truly am a "starry eyed bull" when it comes to this co). I am impressed with the support we found at 40 both today and at the end of last week, and think downside is limited in the event that it breaks support there. I entered positions at 46, 43, and then 40 (already unrolled the 40 on the bounce up we had this week)... so perhaps your patience will pay off (though IMO it's worth owning some at current prices). In case you haven't seen it, the following thread has some interesting posts on this sector: Subject 14731 Thanks again, and will be looking for more of those patterns! Mike

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