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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: gcrieff who wrote (1621)	8/1/1999 1:14:00 PM
From: HeyRainier	Read Replies (3) \| Respond to of 1720

That's a nice breakout. You've got some resistance at $12.75, and more turbulence all the way through $15.00. Short term, given current conditions, I wouldn't initiate a position--I prefer my breakouts to be "cleaner," meaning that overhead supply ought to be fairly nonexistent, and I prefer the overbought condition not to be present. However, if you've already got it, I don't see why you shouldn't hold on to it to try and capitalize on further gains. Just make sure to keep those mental stops in place. Good luck.