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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: AUrush who wrote (56440)	9/1/1999 11:57:00 AM
From: JeffA	Read Replies (2) \| Respond to of 90042

I want CS but am extrememly cautious. After keeping this last time I say 13 is revisited soon...... without a buyout of course....

To: AUrush who wrote (56440)	9/1/1999 12:10:00 PM
From: stan s.	Read Replies (1) \| Respond to of 90042

CS, regarding technicals only w/o regard to buyouts etc. It's obviously having trouble at 17 the next area of resistance, a double top. It's forming a bearish engulfing pattern as we speak BUT that won't be final 'til we know the close. For that pattern to 'happen' it has to close under yesterday's open...as it is doing thus far. It's still early. To me that scenario would indicate a likely retest of support at 15 5/8 or so...failure there...and as Jeff alluded to...it could work it's way down to the upper 12's (though there is some intervening support before then). Just speculation at this point. Hell I'd like to see it storm over 17...I'd buy in...then it could get bought out. Might happen. Best of luck. Stan