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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (38597)	2/20/2001 12:23:20 PM
From: Monty	Read Replies (1) \| Respond to of 79535

Doug Under the MIMBO topic I would like to throw MSTR into the ring for your consideration. With the recent higher hi and higher low (so far) it seems to have met the requirements for a MIM, or maybe a Minuscule MIM? : > It sure is a long way off the all time high tho. But looks like a little market cooperation could see it attempt that initial BO. And I would love to be in a position to ride it from these levels back to the all time high! mj

To: Doug R who wrote (38597)	2/20/2001 7:27:47 PM
From: Danfan	Read Replies (1) \| Respond to of 79535

Doug: Ummmmmmmm.....what was that question again? Er, never mind. Actually, a lot of individual stocks hit harmonic fib retracements today, or came to within 1-1.5 points. Examples were JDSU (30-33), CSCO (25.5), TIBX (19.7-22.7), and more than a few others. TIBX is especially interesting in that the retracement zone corresponded almost exactly to an unfilled gap shortly after its IPO. Basically it's a retest of the 52wk low for the NDX, which reinforces the zone a bit. Let's put it this way. If tomorrow is another day like today,....hello 1875. If it bounces....look out for the H&S, dead ahead. Of course, as Dennis Miller would say, that's just my opinion.....I could be wrong. Danfan