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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.41

+0.5%

Feb 2 4:00 PM EST

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To: mattie who wrote (20191)	3/10/1999 5:52:00 PM
From: Clint E.	Read Replies (3) of 70388

>>> VRIO....Big break today, what do you think? Another "V" stock going up today in line with Vert & Vign!!!! In the past couple of days, chart-wise, I thought the stock looked very good as it almost filled the gap around 34, but always managed to close above its previous 52-wk high. The stock has been lacking coverage and recognition from the analyst and trading community. I think this was a major problem with the stock. I couldn't even get a quote in IBD for VRIO. This should have changed today. My target was 50(seven month consolidation between 17-34: 34-17=17, add 17 to its previous high of 34=51) by the time of PaineWebber presentation. My price target is almost met so I will wait for my time frame to arrive and see how the stock acts next week. Since the stock is finally getting some recognition, it could go much higher. Clint

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