The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: curtis christopher who wrote (28401)	4/16/1999 3:46:00 AM
From: Doug R	of 79163

Curtis, I hung in with LTXX even after posting this: "The close on LTXX doesn't at all impede the short or intermediate term technicals. I expect it to hit 8 or 8 3/8 in 2 weeks or less but 2 days under 5 1/2 would more than begin to impede things." The close on Wed. saw the bid/ask straddle 5 1/2 so I gave it the benefit of the doubt. The 89, 3, 5 stochs remained in a position of strength and have possibly reset. I really didn't like to see that technical buy signal get taken out so rudely but the price hasn't really faded as a result all that much. It may take a couple or few more days to regroup but it avoided a sell signal so far. Doug R

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