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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (31525)	8/23/1999 6:59:00 PM
From: TWICK	Read Replies (1) \| Respond to of 79230

Well since my last post on DST, 8/9, (http://www.siliconinvestor.com/readmsg.aspx?msgid=10876094), I did great with it. Out at 69 1/4 and thinking about it again. Only problem is, the chart is little more complicated to read this time. If anyone has the time to assist me with the T/A on this 60 minute chart, is greatly appreciated: siliconinvestor.com Am I looking at a rounding top, with 4 failed attempts to break past the 52 week high, or am I looking at a channel (trading range), where the stock has found a new support in the 67 1/2 - 69 1/2 range, building support for the next leg up ? The 30 min chart: siliconinvestor.com Per the 1 min chart, in late afternoon trading, $68 was where the stock appeared to have found final support and actually appeared to have re-tested that price a second time. I'm a little concerned that I did not see a stronger rally from that re-test, but tomorrow morning is another day where I may see that follow-through to higher levels. The 1 min chart: siliconinvestor.com Before the bell, the beautiful CNBC Maria B. mentioned that Merrill Lynch finds DST attractive and has a target of $89. Date Broker Comment 8/23/99 Merrill Lynch reiterates 1-1, stock buy back program, target $89 7/26/99 Merrill Lynch reiterates 1-1 rating, raised estimates on good qtr 7/6/99 Merrill Lynch reiterates 1-1 rating, stock surges with inclusion in S&P 400 mid-cap index, target $84, 99 estimate $2.00, 00 estimate $2.40 7/1/99 Gruntal & Co. reiterates buy, maintain estimates 4/26/99 Gruntal & Co. reiterates buy, raise target from $70 to $73 4/12/99 Merrill Lynch reiterates 1-1 rating, qtrly preview - mostly robust in 1st qtr expected companysleuth.com