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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: BuzzVA who wrote (21916)5/20/1999 7:03:00 PM
From: Kerry Lee  Read Replies (1) of 29386
 
Re-Post from Rev Shark's " Shark Attack Trading Forum "Trading Bar and Grill" board which is a popular thread on AOL:

Subject: Re: ancr
Date: 05/20/1999 7:20 AM Pacific Daylight Time
From: DSteckler
Message-id: <19990520102049.11352.00000794@ng-fv1.aol.com>

<< Looks more like a continuation of yesterday's C&H breakout.

---Dave Steckler

Dave, what about on the weekly chart. >>

Geez, throw my own lessons back in my face...the nerve of some people! <VBG>

Weekly chart is a textbook inverted H&S pattern. Height from head to shoulder is 8 points so the calculated target price is the breakout price (9) plus the height (8) for a target of 17.

Doesn't mean it will run there non-stop or for that matter, if it will reach it at all. MOO and who says I know how to read a chart? Consult with your financial advisor before buying or selling any stock.

---Dave Steckler

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