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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (65773)	2/8/2003 9:53:40 PM
From: bcrafty	Read Replies (1) of 209892

John, "it's anyone's guess now" I think the key word there is now. I presumed that the person asking about the stock was asking about its immediate future in the next several days, not its long term prospects, and my answer was geared to the short term future only. I was not implying that it was a LT hold for months or years. If one is long that stock and is prudent I suppose he'll evaluate its behavior if or when it reaches the 35 area. Heck, almost every stock's chart looks bad LT right now. Look at the charts mish posted a few days ago on GE.http://www.siliconinvestor.com/readmsg.aspx?msgid=18535084 Charts that look good on the weekly going back a few years are few and far between, and frankly I can't think of any at this time.

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