To: Skiawal who wrote (19194 ) 6/29/2000 10:56:23 PM From: P314159d Read Replies (1) | Respond to of 21342 I might say that just a day ago.. was the anniversary of the Pied Piper's leading the kids from sure death. I saw a fitting chance to "check the chart" I run down my big TA list: BBs, support levels, oversold oscillators, DMI, OBV, candlesticks. Daily, weekly, etc. Chart pattern and P/F possibilities, etc. I get this: Daily support level at 13 held, what with all the selling the stock could not blow through 13--shorts lose the battle. P/F chart indicates bullish trend support also held, still need the reversal on the P/F chart up at 16.5. TA: look for BB break on the hourly was feeble and on the daily --not there. Still could come. But the weekly HAD that break last time at 13 and bounced back to the midpoint and just now has peeeled away from the lower band this second time back at 13. A win for the long-termers. Weekly is hugely oversold, note the MACD at the levels only last reached in Oct. 98. And the weekly reversal is in with a positive close on Friday (a hammer on the bottom is great). Also the last 6 times a stoch reading came in this low and turned higher a rally ensued. Daily: note the ascending MACD bottoms on each selloff, a great sign for reversal. But the OBV has deteriorated big-time, must watch that one in this latest move. Simple question: ever see a rally NOT ensue after the RSI crossed over the 14 and 21 smoothed RSIs from a level below 30? Answer = not in the last year (5 times, weakest rally is 50%) Chart patterns: Dbl top at 28 to 29 with a 20 to 21 breakdown point has been satisfied at 12 to 14. Daily Dbl bottom at 13 is possible but the volume suggests it is not. Daily has tough trend line around 19 to 20 next week which has to broken first before the dbl bottom is complete, I say no. Weekly chart pattern is absurd spike, but the second drop is too steep and should have room to move back up to 50% of the down move from 40 to 13 at any time (27). Similar chart patterns already have developed in RBAK (completed) and EFNT (just starting). Maybe WSTL builds this reversal (or blows it away) M.A.s: Below 50 and 200 is trouble to erase quickly (as in a double bottom), but never touched the 20month ma (I wanted that 12.5 trade). But the 50 is sloping to just graze the 200 at around $18 and not below it (good!) if the rally can continue…then move up? Other patterns (for John C): remember the last time earnings were released on the Thursday (the 20th). Answer is January 2000. remember the last time the stock rallied into and beyond earnings? Yep. remember the cyclicla low that report date was 12 days before? Today is 13. I like 13 it is my lucky number. I buy 13. PR may look just the same--- Company Reports Record Revenue, CPE DSL Sales Up Over 200%, Increases in Service Revenue and Sequential Improvement in EPS Performance Nope-- it will emphasize PROFIT!!!! First profit in a Millenium!!! oops, i meant "The" not "a".