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To: HairBall who wrote (1070)	8/3/2001 5:01:02 PM
From: theniteowl	Respond to of 1328

Thanks LG, have a good weekend.

To: HairBall who wrote (1070)	8/5/2001 12:45:39 PM
From: mishedlo	Read Replies (2) \| Respond to of 1328

LG, On BBBY - How does one draw a wedge on this? I see a rising wedge with a horizontal top at roughly 32.5 and lower points starting at about 29 to 32. Am I doing this correct? Or Is the wedge smaller starting at 31. Or is there a wedge at all? Going back further I see a huge rising channel. Starting at Dec at 20 with other major points at 23 in APR, 26 in May and 28 in July. Channel tops at 27.5 28.5 32.5 and the next one would be imaginary at about 36 or 37 maybe (where we are right now). Even if I am correct here, what is the recommended way to play such a thing. I would think that the expected break of this would be to the downside, but while in the trend try and buy at the bottom of the channel. Now, if that smaller bearish wedge would give one concern then am I correct in that one would normally want to stay away, or even perhaps take a small chance that we are perhaps ready to break to the downside. Can You use this stock and chart and tell me how you yould go about thinking about long and short trades. Thanks. M