The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: omelio arrabal who wrote (1607)	8/7/1997 9:00:00 PM
From: Sergio H	of 79555

Hi Omelio. Yesterday I asked Doug what to do with my CHLB holdings. I had noticed that the stock had met resistance at its 52 week high. It couldn't muster enough strength to make a run at a new high. Doug said that it was a good time to sell half my shares. That conversation took place on this thread. I did sell half my shares as Doug suggested and it's posted here. Today's vol. was much lower than earlier this week on CLHB. There was also profit taking across the board today. Whatever drove this stock up to begin with is still unannounced. There wasn't a major panic or rush to dump the shares. I'm waiting for Doug's TA on what to do with the shares that I'm holding, but I'm not worried. I took the proceeds from the CLHB shares that I sold and bought more RECY. I think that everyone will be pleased with their earnings and Doug's TA says that it has at least another point in it. Omelio, I wish us good luck on CLHB. I'm also long CADE and RECY. Sergio

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