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Strategies & Market Trends : Technical Analysis - Beginners
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To: INFO_DART who wrote (8598)9/12/1998 6:56:00 PM
From: Richard Estes  Read Replies (3) of 12039
 
It is at a point of Where trend is hard to determine. I know nothing about where you are or what you want.

I wouldn't hold it on a move below 42, I expect it to make new lows. This wouldn't preclude a move up from here in a market rally, but I think 46.5 should be high for now.

Who knows? I wouldn't trade it, especially using the story and fundamentals as a basis. Have a place to exit, if you get in.
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