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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Challo Jeregy who wrote (20180)3/28/1999 1:51:00 AM
From: Jorj X Mckie  Read Replies (1) of 42787
 
Challo,
If you look at the P&F chart for AOL (any box size), you will notice that it likes to move up on to a high pole, pull back and consolidate a little and then move to another high pole. The pull back has happened and the support is at $116 (I'm sure that you already know this). My point being that it is not too unlikely that we would see $116 again, but it would have to be one hell of a selloff to get to $90.

Of course, I could be blinded by subjectivity since I am playing AOL calls right now.

Are you playing FORE for the takeover? Also, look at PTEN. Quad top break on Friday.

JXM
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