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

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To: Carolyn S. who wrote (4635)2/13/1998 10:59:00 AM
From: James Strauss  Read Replies (1) of 4701
 
CS... Cabletron Systems... BREAKOUT...

Carolyn and All:

I'm trying to buy CS at 16 1/2...

Oooops! I just bought it at 16 1/2...

This presents a nice short term trading oppty to the 23.00 area, then 27.00... Very
positive risk/reward as CS is breaking out of a classic rounding base with a mini
double bottom...

MoneyFlow is positive... Relative Strength, MACD, Price Rate of Change are all
pointing north...

Jim
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