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Strategies & Market Trends : gary smith shorts and longs

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To: backman who wrote ()	1/16/1999 3:17:00 PM
From: Verbal	Read Replies (1) of 430

Fort/Svelte/Thread...... Check out VSIO.....good lookin' breakout.....I've always thought this is what a "breakout from congestion" should look like.....have always had better luck with charts looking roughly like this.... RS is good: 88 EPS is good: 98 Timeliness and Acc/Dist are A/B...... It's got some resistance staring at it in the mid 40s but by then, given a decent opening price on Tuesday, I'm a memory. Only thing that bugs me is the range of the expansion day on Friday......I like to give downside allowances to at least a tick below the bottom of the breakout stick and, in this case, that's a chunk more than 6%. Still, may be worth a play.......whatya think? V.

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