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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (25532)	6/18/1999 3:34:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 44573

Judy you need glasses sweets !!!!! re check

To: Judy who wrote (25532)	6/19/1999 4:44:00 AM
From: -	Read Replies (1) \| Respond to of 44573

<LU and CSCO are moving like sludge> I don't know about LU, but CSCO is working through some important resistance around $120, it is clearly moving into "breakout territory" early next week, barring unexpected problems with the overall market. Just look at the chart, it's done the heavy-lifting and is poised to RUN next week once it clears $120. The CBOE folks just didn't want to let it through the $120 strike on Friday ;)... and remember, CSCO is the kind of stock that has an ATR of about $3, for that stock a $4 gain is a big deal, and $5 is highly unusual... so don't ask too much of it on any given day. I just finished scanning ~500 big-caps daily charts and I agree (technically speaking at least) many of the best stocks appear to be setting up for a good run to the upside next week. Good trading, -Steve