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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?

To: luther yow who wrote (702)	11/16/1999 8:46:00 PM
From: Richard James	Read Replies (1) \| Respond to of 3770

Perhaps what I notice is what you call a flag or a pennant. For the last 3 days, including today, TYC opened at about the same price and gradually selling off throughout the day, but the 2nd day it closed a bit higher than the 1st and the 3rd it closed higher than the 2nd, in fact nearer to its upper than its lower price range. This suggests to me, at least, that there is still quite a few shares for sale near 45, but ever day there are less and less. But if a Fidelity farts, the flag will soon be at half mast. I think its time for a cocktail pennant. Seriously, what does a pennant signify in TA?