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Strategies & Market Trends : Charts for Quick CASH $$$

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To: taxikid who wrote (5370)12/12/1997 1:29:00 PM
From: Galirayo  Read Replies (1) of 9262
 
Taxi,

I don't normally look at the 300DMA so I can't say how much support it may be, but it is near 15.75 to 15.87 or close to that.

It's going to be Extremely difficult to pick the Bottom on CREAF I thought the 200DMA would provide Support. They get real Bearish after the 200 is violated.
There could be some Bottom Fishers jumping in now but the Korean thing has a lot of the market spooked.

When is the Annual Meeting?? Dec 17th or so?

I know they just agreed to more than 1 Buyout / Merger .. maybe that's part of the drag on the stock. Yesterdays is an all cash offer $77 Mil.

quote.yahoo.com

Ray
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