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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (10415)	11/28/1998 6:26:00 PM
From: AlienTech	Read Replies (1) of 34811

>>Spread triple top breaks are fine, but when not sustained by nontechnical factors ... << Well there is some tidbits that the same people (Goldman and Alex brown) who brought the EBAY IPO are also involved in bringing another mall IPO called mcafeemall.com. Also First Boston just upgraded them to buy last week saying the stock will trade at a multiple to the rest of the software industry. Maybe the brokers know something and has to do with the recent run up. Maybe they will do a MALL thing and you get a share of the new IPO spinoff when it comes out? We are the last to know and by the time we know its time to sell anyway.

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