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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: JeffA who wrote (51901)	6/25/1999 8:56:00 AM
From: stan s.	Read Replies (3) \| Respond to of 90042

Hi Jeff, here's a current chart. Failed to hold the triple top break, followed by a bearish harami (small red body preceded by and contained within large green body, during uptrend)...suggesting a short term top. Indeed that was followed Thursday by a break below the medium term up trend line (blue) and a break below straight line support at 13.5. geocities.com Technically another break of support yesterday but I'm not calling it yet...too close. However a close below where it is right now suggests it's heading towards weak support at 12...stronger support at 10 1/4. These are not one day moves but directional patterns. CS is very oversold right now and thus any decent day could trigger some upward signals....but sans renewed news or rumor the short term chart is weak. As always volume will be a key. What I say here should not affect anyone's decisions...if this stock is really in play, in the end the above won't really matter. All I can do is analyze the chart....not the buyout scenario. Best of luck to all those in CS. Stan