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Technology Stocks : Eaton (ETN) is definitely not overvalued! -- Ignore unavailable to you. Want to Upgrade?

To: go4it who wrote (240)	10/27/1999 10:15:00 PM
From: Walter Morton	Read Replies (1) \| Respond to of 338

I'm not a chart person, so tell me what is it that you like about the chart. Thanks

To: go4it who wrote (240)	10/27/1999 10:58:00 PM
From: Cola Can	Read Replies (4) \| Respond to of 338

but support appeared too strong What I see in the chart says Eaton should be dropping like a rock. The price has went up, but the indicators went down. In the long run, I still see the price hitting around 57.00, but that could change if the Bollinger Band on the monthly scale turns up. The MACD on the monthly scale is about to cross downward. On the weekly scale, ETN got ahead of itself and I guess it is correcting itself. The MACD on the weekly scale says the price is heading downward. Time will tell.