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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (10870)	12/1/1998 12:05:00 AM
From: Magnatizer	Read Replies (1) of 29382

Ken the resistance in the 4s is related to magnets. It is uptrend from 9.3.96 to 1.13.97, connect the lows. Today ECHO gapped over some major resistance in the twos and threes. Pulled back to retest some of them. the final retest came at 3:30 when ECHO pulled back to within 1/16 of a very strong magnet at 2 7/8. It did not touch it that time and reversed up. This was very encouraging to me. If it gaps over the uptrend tomorrow, well.... may have to add some more ht david

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