Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (4965)	1/20/1998 11:04:00 AM
From: Gary105	Read Replies (3) of 42787

Chris, great chart and great site. There are however several ways to look at it from a TA perspective. Personally I'm not concerned about whether it stays above or below the 50 d MA today. Its history and BBs tell me it is now consolidating the recent down move by moving up to the midpoint of the BBs - and that a period of high volatility is now being followed by a period of low volatility and that it may spend time around its 50d MA- enough to keep the traders guessing and enough to give comfort to the long term holders (ie through less volatility). iqc.com Personally I expect this diminished period of volatility to last until the start of the New York Toy Show- second week in February, which is after the end of the Q and about a month before earnings release. A key difference between this show and the Vegas and Hong Kong shows is the distance from the Javits center to Wall street. my opinion only Gary

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