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To: Jerry Olson who wrote (27456)7/9/1999 11:17:00 AM
From: DanielleC  Read Replies (1) | Respond to of 50167
 
You want a breakout? WATCH FLBK!!!!!



To: Jerry Olson who wrote (27456)7/9/1999 11:25:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Look at this DOT chart, for me 660 is an important support, it has been a resistance for quite some time on the way up back in May-June , right now I think this is developing into an interim market support and should hold on closing basis, although 640 would be also a support but 660 is a turning point break out resistance and we need solid closes and break above 682 to go solid long on DOT.. it is interesting chart...

fast.quote.com

I would think that this weekly chart also depicts the volatility factor which I have never really taken into account, look at the difference of volatility on the way down, now the pattern is exact opposie giving me some confidence..