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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (35052)	4/9/2000 6:18:00 PM
From: Doug R	Respond to of 79263

Sergio, I had a monster post worked up for you regarding SBG and I lost my connection.....aaauuugghhh!!! It had to do with that first gap as a probable breakaway gap and a bunch of trendline stuff and that double top at 60 and an uptrending IHS neckline and some target line stuff if that neckline was broken to the upside. It basically all boiled down to 56 as the next high and 44 to 45 as a stop area and the lack of anything really obvious (obvious stuff is the best) going on with the chart and that Monday is technically threatening to be a down day but the real importance for stocks like SBC rests on price trendline and Magnet trendline crosses that occur during the period of 4/21 thru 4/26 and until all that is over there's no real sense in making any important decisions and, and, and..... sheesh Doug R