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Technology Stocks : Keane The leading y2k service provider -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Marigold who wrote (1224)	6/15/1999 6:49:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 1316

>> But for the not chartist, do you have a way to expain what the charts are saying ..... << Charting helps but the general rule is red lines are support which should at least slow falls or stop them. Dashed lines are weaker than solid lines. Yellow lines are resistance and stop or slow advances. The forks act like magnets. The price should hesitate at the middle tine then repel off to the next one. Once it hits either the lower or upper tine, it should reverse direction. It is bullish when it stays in between the upper tines and bearish when it stays between the lower tines. Easiest way to trade is go long at the bottom and go short on the top. If you are short and a green dot shows up like yesterday, cover the short. If a B arrow shows up, buy long and sell when a red dot shows up. (Of course my system is geared toward options where time hurts you) If you are trading stock, then when an opposing signal is given, just put in a stop loss (prefferably a mental one so the floor trader doesn't spike it down and steal you blind.) KEA's chart shows it is still a fairly weak stock, unable to get over it's 200 day moving average which repelled it back down a couple weeks ago. However, it is settling out and could easily build some steam and blow through on the next upswing if the market will cooperate. I am not holding my breath at this time but it is more due to the general market and not KEA itself. I am very bullish on the company long term but due to the current market environment, I have gone all cash and only swing trade short term until a few things get settled out. Good Luck, Lee