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To: chic_hearne who wrote (3341)	7/12/2000 12:18:27 PM
From: Lucretius	Respond to of 436258

yep...

To: chic_hearne who wrote (3341)	7/12/2000 3:55:03 PM
From: John Graybill	Read Replies (1) \| Respond to of 436258

I think you're right -- TER has something stinky in its diaper, going straight down after the opening on a day like this. It's doing nearly double the normal volume as well. It went from 40 to 80 without much of a break at all. 65 was mightily defended a few weeks ago, and 69.5 is the 200-DMA today. Those are the only things I see in the chart that are potential battlegrounds if the drop continues. Very interesting indeed. A couple of days to see how well the mid-70's are defended, and then Aug 70's or 65's might provide a very attractive play. (edit at 15:57 -- oops, dropped a point while I was typing, let's see how well the low 70's are defended. they might bounce it off the 200-DMA at this point.)