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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (21714)	6/24/1999 8:21:00 PM
From: Nathan G	Read Replies (1) \| Respond to of 69946

I am not too worried about CS.Its got buyout written all over it.Just if it trades lower,I don't expect it to be taken out at a high premium like mid-20's...maybe more like upper teens.If by tomorrow I don't see significant upside movement then maybe we have a long way to go,of course the big boys have been in this stock for the past month,so CS may just trade with the market tomorrow not showing signs of an imminent buyout. This will be my first and last takeover play,its not worth the frustration.I've learned long time ago to frown upon going LONG.I'm not going back to my losing ways. Good Luck to all CS believers. p.s.never thought I would be a hopeful believer again...oh well