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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (4675)	11/11/2001 12:35:40 AM
From: Pierre	Read Replies (1) \| Respond to of 99280

Zeev: Looking at one of your favorites tonight, AGM, and it looks to me to be at the bottom of the box. I'm guessing if it breaches 39 significantly monday, it may have begun a new box from 35.5 to 39. If it bounces Monday will you play it, or do you see it as already having dropped into next box down? FWIW, my system would require it to take out 40 before it was a buy candidate, and that's too far away - so not a good long set up from my perspective at this point. But of course I don't know the ins and outs of this stock the way you do. FWIW, if it were to breach support at 35.5, It looks like it could then easily fill that gap all the way down to 33. Do any of those scenarious look likely to you, or perhaps one more likely than the others? TIA. Pierre