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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: in_cog_nito who wrote (27805)	1/9/2002 4:29:53 PM
From: Ken W	Respond to of 29382

Scott ORCL: Now, remember this is a weekly chart. 216.129.217.2 Your mid term upside (TA wise) is mid 17. The down trend is still intact with little or no change in the MA cross over to the downside. On the shorter chart (daily) the stock is still a trader with a downside bias. I know, the stock has moved from 14 to 16. It was a nice trade, for which the grandkids are greatful. <GGGGGGGGG> The next "trade" will be from just over 14 to just under 16 as the range narrows. I will not be convinced that the stock is out of the woods until there is a turn in the 50week MA. Until then it is a trader. Ken