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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?

To: Carl who wrote (1988)	6/29/1999 10:48:00 PM
From: tango	Read Replies (1) \| Respond to of 3243

Well, we agree on one thing. i use tech study far less than fundamentals, but it is still useful. You are wrong on your head and shoulders statement for several reasons. Generally the time frame is longer than the 3 months we have seen, especially because there is such variance from the volumes on(your) first, second, and heading towards third peak. You ignore the first peak when the stock hit 2 and bounced off. this would actually be the first peak because 2 bucks than became a very strong support level which the stock has since bounced off twice. as a result we have actually already had 3 relevant peaks and are on the forth now. Finally, there really wasn't enough variance from your first and second (my second and third) on a percentage basis to make it a valid head and shoulders trend. All that can really be said about this graph is that there is strong support at 2 bucks and resistance at around 3.50 and 4.15. we are currently in an up trend although a weak one. I read this graph as bullish, but not overly.