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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Doug R who wrote (4402)	12/23/1997 9:55:00 PM
From: Dave H	Read Replies (1) of 4701

Doug, For a similar Microsoft situation, check out CPQ for IL violation. Let me know if you think this is valid: I used the ACT established in june, 1993. I see IL violation happening in july, 1997 -- notice the battle the stock had with it, even using it as support after crossing over. The stock is now back at the IL and the recent activity is doing a similar thing. I don't know if I've got the lines right, was wondering if you could take a look. If these are vailid, this one's probably going to be seeing the 20s when it takes the next fall... thanks, dave

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