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

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To: Doug R who wrote (19137)7/7/1998 10:26:00 AM
From: Ceez  Read Replies (2) of 79279
 
Dude!!!!

Obvious!!??!?!?! NOT TO ME!!!! After you mentioned VVUS, I ran Metastock as fast as I could, drew my support, resistance lines, checked a bunch of technicals. The lines told me VVUS would break a resistance line, and the short term technicals pointed up. How could you tell it was going to explode??? Also, I can't see how you came up with the 7 7/8 - 8 1/8 goal. Still racking my brains. Oh well, can't complain on going from 6 to 8 9/16 in two days.

From what I remember the intermediate technicals look like they are improving. If the earnings don't come out too bad. VVUS might keep on going up.

Later,

Ceez
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