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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject	3/5/2002 9:49:30 PM
From: Sam Raven	of 1567

COGN has gone from support to resistance in two days, now it looks on the edge of a breakout. If it goes, realize the majority of the time a stock will come back down and test the support at the breakout price, often within just a few days of the breakout. This makes breakouts safer as a day trade. ACN was another that hit its resistance today. Glad I was on the right side of this trade this time. <g> Sam

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