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To: ACAN who wrote (491)1/18/2000 12:10:00 PM
From: ivan solotaroff  Respond to of 1065
 
CXI

Allan,

"CXI could pop today"
I'd say it already has.
iqc.com
Best of luck with it if you're in.
Using my corrupt chart-studies: It had a killer MEEP line from the highs of '96 down to the BO last summer, though you had to use a little English to apply it: The twin-peak highs of 96 are what I use to draw the line, then I run it through the irrational exuberance of the spike high into the $6s of early '98 (running the MEEP line through another line, however spikey, is the "english," but I've found it's useful), and you'll see that the top of spring 98 confirms the MEEP line as upward resistance. Where it comes and fails to hold the stock back in the summer of '99 is the BO.
bigcharts.com
Above it now is still the original gap, and you often find mega- resistance in those areas. If it can ever fill the gap, though, it could prove a "take this job and shove it"-type runner.

Ivan