The 56 Point TA; Charts With an Attitude Message Board

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

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To: Doug R who wrote (22365)	10/27/1998 4:23:00 PM
From: Dhirubhai Pereira-Abastado	Read Replies (1) of 79270

Doug, Having seen your comments about CCUR I am curious about your tone that it is not going to make the big move this time. Technically, I see the tightened and spreading Bollinger bands, the basing on the 50 day average and the rising from oversold stochastics. Could you mention any other indications of the comming move (that I believe is immanent from a fundamental viewpoint) and your methodology for picking the top on this cycle. I am personally guessing that this move will exceed the previous ones but do not have a target in mind. I have traded this stock for years but have left too much money on the table. It is also interesting to me that in the current trading pattern it will be in its 5th day of basing on the 50 day average on Thursday with earnings anticipated that evening..Thanks.

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