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To: Chris who wrote (26745)8/3/2000 1:16:44 PM
From: Electric  Respond to of 42787
 
Chris,

Interesting pick, in the group I would probably choose ARBA over CMRC. You are right about the chart, looks like a double bottom, upside target to 71.

I personally want to wait until things shake out.

Nice move so far today, lets see if she holds on. If so, tomorrow can be huge..



To: Chris who wrote (26745)8/3/2000 2:55:16 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
CMRC broke out of a symmetrical triangle after ARBA's earnings last month, then the breakout failed when it was clear CMRC wasn't ARBA. CMRC found support at the lower trendline of that symmetrical triangle yesterday and today. If it can hold, it could form a wide ascending traingle, with an upper boundary at 70.