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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (5150)	6/6/2001 1:43:18 PM
From: chowder	Read Replies (1) \| Respond to of 23153

Hi Gottfried! No question VPI is still in a trading range, but at the top of the range. The candlesticks are indicating a trend reversal on the weekly chart as well. A Bearish Engulfing pattern in fact. One of the most bearish patterns. stockcharts.com[h,a]whclyymy[pb50!b200!d20,2][vc60][iUb14!Ua12,26,9!Lc20!Lk14!Lh14,3!Ll14] The Stochastics have turned down on the weekly, the Williams %R has turned down on the weekly and the ADX indicator shows the bears in control on the weekly. The top of a trading range on negative news is bearish I think. It isn't prudent to hold a stock in a Bearish Engulfing pattern when the news is negative. If there were no news it might be considered profit taking. A body in motion tends to stay in motion and the motion is downward from here unless a catalyst appears. (Decent AGA's, upgrades, new discovery, etc.) Just my humble opinion of course. dabum