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: Doug R who wrote (6998)	11/3/1997 2:09:00 PM
From: Tim Oliver	Read Replies (1) of 79284

Doug, I realize that today is a busy day for you but if you have a moment, maybe you can give me some advice on LABZ. It gapped up today a little over 1/4 at the open on heavy volume getting as high as $6 from the $5 close. My question is... will it have to come down now and fill the gap particularly since it hasn't formed a shoulder yet on its way to $8? There didn't seem to be much selling when it hit $6 compared to the huge volume on the way up. I bought SEEQ this morning instead of RLLY because I guess I'm not much of a hamburger person. I appreciate all the work your team put in on the POW this week though. Maybe you new owners of RLLY will give Warren Buffet's company MacDonalds a run for its money! Tim O

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