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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (38210)	12/16/2000 9:50:47 AM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

KM, too early for ADI?? Please ring that bell when it's time!

To: KM who wrote (38210)	12/16/2000 12:16:22 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

I spoke about CTXS on the board at our site. There were a few people wanting to follow it so I just added it as a topic last week. Last week I posted I expected the weekly trend line to hold and for it to start dropping which it already has. Later on the daily chart itself, I added a comment that there was a risk of a H&S formation that pointed to a potential drop to around 16 ( H&S are low reliability so it is only a risk of a drop, not high potential). My daily support is here at around 24 then 21 but I show no other supports until 16 on the weekly line. marketswing.com Short term oscillator shows potential for reversal here but mid term and weekly oscillators show more downside so likely quick bounce then more down? Just click the next arrow to see the weekly. I also wrote that I just started following this one again and I like to work a stock for a while until I get a feel for it. I tend to have to chart one a while before I find the best fork that I can draw and leave alone for months on end. Since I have only been doing this one a week, my confidence level is not very high on this daily fork yet. Hopefully it is a good one on the first try. The daily chart is here, then just click the next tab to get the weekly. ( Unfortunately I also posted on our site I am having some program problems after a power surge and outage 2 nights ago and my weekly NASDAQ, CTXS and SUNW charts won't let me include Friday's action for some reason. I am having to delete and reload those charts and rebuild) The support and resistance levels won't change on the weekly but the price bar should be a bit lower to reflect Friday's drop. Good Luck, Lee Whatever you say LG, you are always right. I am always wrong.