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To: Wayne J. who wrote (4010)7/2/1999 3:23:00 AM
From: 246810  Read Replies (1) | Respond to of 4304
 
I'll elaborate and then he'll be back in the morning. I think he means 48 and 72. Well, we have already broken 72. 48 may not be a case of sellers drying up because a news release may have given the price a kick. I didn't research the actual dates.

I don't think there are any support levels above 15. This stock price was driven by news management not by the normal greed and fear that produce support and resistance patterns.

That doesn't mean the stock will fall to that level. It just means throw out that type of TA and react to the news releases. (Or to Louis' on-site daily report from Bush Gardens, whoops, I mean Bush Terminal. There are a lot of weeds, but I didn't see any Extra Lite. We need to send Louis to Atlantic Terminal to check out the coca situation.)

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