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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Roy F who wrote (2040)10/5/1999 1:29:00 PM
From: Venditâ„¢  Read Replies (2) | Respond to of 19374
 
Roy
I just took a quick look at yahoo and see both Williams and Money flow have turned positive. This is really only the first sign that a temporary bottom has been reached but is not confirmation of a buy signal, although I will sometimes make a play at this stage. If you do watch it closely.

Upper resistance is $178 and then $185. Lower support is $170 and $160 if that were to be breached. The over all possible near term trading range is $150 to $182.

My logic tells me this move today is a typical earnings move. I'm sure you know how they normally end up.