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 (8182)	11/22/1997 2:10:00 AM
From: Instock	Read Replies (1) of 79531

Doug: I think the you are correct. Not much volume today, but a crack in the Rally has been made. Looking at the chart, I see that almost every rally came to an end AFTER a day of low volume. Monday volume will be up, as the Locking in of profits starts hitting a bit harder. Every Up tick will be met by either a seller or a Short seller. Volume will really pick up Tuesday. I see tuesday and Wednesday as the days of the melt down. The Lower bollinger band indicate's the LONG rally is over. The Bollinger Band moving average indicates the potiential for the drop. ( apx. $4.00 from current $5.36 ) INFU investers have all weekend to look at the chart and see the Rally has been stopped. They know how fast it can, and has, dropped and will be tripping over each other to lock in the profits. On the way down, each buyer buying at discount will be met by a short seller. Just wish it would do its thing before Tuesday, but expect it will take a day or two longer to fully reap the DROP of INFU. Scott PS: No longer on AOL chat?

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