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Technology Stocks : Source Media SRCM

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To: majormember who wrote (1424)10/27/1998 10:46:00 AM
From: MW  Read Replies (1) of 3015
 
skane; you confuse me

<<>>SRCM--Expansion breakout on Friday...You have a head and
shoulder bottom...This is a bullish pattern...Neckline is at
10.00...If 10.00 holds on Monday, potential of move to 15.00 a
share...Only if it can't hold 10.00 on Monday is it a potential short, but only to those who are very nimble shorters....
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dr. Seuss,
You are correct about not getting above $15. The
TA above from one I consider the best on Silicon.

Needless to say, I am short this worthless heap.

Skane>>

Where does it say in the TA from one of the "best" that it won't get above 15?? He clearly calls the pattern bullish if it holds above 10 on monday[ Close at 13 3/16].

<<<...Only if it can't hold 10.00 on Monday is it a potential short, but only to those who are very nimble shorters....>>>

And you reply..
<<Needless to say, I am short this worthless heap.>>

The intelligence of the shorts never ceases to amaze me.

mw
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