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

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To: ViperChick Secret Agent 006.9 who wrote (9601)6/4/1998 6:46:00 PM
From: Chris  Read Replies (1) of 42787
 
txn:

lisa, i would cover your short if txn goes above 51.95 (on close)

what we are seeing here is a pop due to "oversold" conditoins.. but trend remains down.

this move we are seeing is simliar to nov 19, 1997.. ie: a retouch of broken support (now resistance) and then down she goes to 40.

i still see that tgt price of 40 happening. just cover if it doesn't go your way.
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