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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Esteban who wrote (9344)12/16/1997 6:59:00 PM
From: ChrisJP  Read Replies (1) of 79382
 
Hi Estaban,

MLOG is not delaying their earnings. The date I was given was an estimate. MLOG fiscal year earnings calculations take them longer than other quarters. Price Waterhouse took a few days longer than expected that's all.

There's no question that MLOG is technically weak. I was hoping that their earnings would break the down trend, but with no other news driving the stock, it is dying from lack of interest.

2 more days. At this point I hope it just goes back up to 7 or 8. I say this because I bought today when the ask went down to 5 25/32.

Chris
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