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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (15339)12/8/1997 11:05:00 AM
From: Al Serrao  Read Replies (2) of 50167
 
Uncle, the last few days we are seeing a move on BROD that looks more and more like a move out of a penent or triangle formation on point and figure charting . A close at 33 or better would be a confirmation of this move and would indicate a further move to the upside. Similiar moves from such a formation usually lead to 30% gains and have a 70% proability within 5-6months. Sales on Riven remain strong. Say well Uncle and regards.
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