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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (4498)2/7/2004 12:44:59 AM
From: Ken W  Read Replies (2) of 23958
 
Sergio

ACO: I'll bow to your assessement of the FA. <GGGGGG>

On the TA side:

stockcharts.com[m,a]waolyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

The simple fact that since April of 03 the stock has risen from the pits of 4 to 5 all the way to 20 as a high may have a little something to do with the weakness in the present price.

The above weekly chart illustrates the pressure on the stock from that high. The good news is that the daily is indicating a very oversold condition that would likley take the stock back to the old high prior to testing 15 again. SEEMS like we've discussed this before..LOL

Ken
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