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Strategies & Market Trends : Lizard King's Trading Swamp
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To: TATRADER who wrote (2922)11/23/1997 10:16:00 AM
From: Robet Butkus  Read Replies (1) of 7396
 
Charts are fairly descriptive, most traders use them.
As far as EGLS goes, unless there is another market blowoff, the
price you speak of will not get hit.
Reasoning for this is based on these two scenarios.
1) We are coming into a more positive time of year.
2) Infras has widespread following, and becasue of that, many
buyers will be stepping up before it gets to that price...
including me.

EGLS now sits on the short uptrend line from the price you
mentioned.
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