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To: Jacob Snyder who wrote (79937)9/11/2000 3:35:08 PM
From: waverider  Respond to of 152472
 
Actually now that I look at it, there is that little rising line from the 51 1/2 low to 55 the other week extended to...say what, uh...maybe around 57?
Looks like maybe we are going to form a nice rising trend line for a change...if it holds.

Maybe 58 is as low as she goes.

Mike, does that go along with your "if we go to 55 to go to 52" statement? 55 would indicate a broken rising trend line.

Rick



To: Jacob Snyder who wrote (79937)9/12/2000 10:02:28 AM
From: Ruffian  Read Replies (4) | Respond to of 152472
 
<

I'm using the August low (rather than the July low), as my guess for where we find
support. Not much difference between the two, though. I'm also guessing that the stock
is finished with the abrupt gap-downs to new lows, which it has done repeatedly since
the January high. I think we are close to a bottom, and I won't have any more money to
buy more if we go below 55, I'll load up there. >

Good Luck, i think you will need it...........