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

To: Sweet Ol who wrote (12513)	2/19/2002 3:54:51 PM
From: chowder	Read Replies (1) \| Respond to of 23153

John, you are correct about the falling trading channel. I took that into consideration when I took my position. The stock is showing a classic head and shoulder pattern with strong support at $35. Support that has held nicely even on a retest. That hollow red candle is also known as a thrusting line, if I recall my stix correctly. A thrusting line serves as a booster rocket to send the price higher. KKD is up strong today in the face of a horrendous market performance. It also looks like it is closing on strength and above the 10 dma. All very bullish! Nothing is guaranteed here, hence my call to bail on a close under $35. dabum

To: Sweet Ol who wrote (12513)	2/20/2002 4:15:07 PM
From: chowder	Read Replies (2) \| Respond to of 23153

John, Strong finish to the markets today. I had mentioned previously I thought the NAZ would see 1750 and it did. Interesting that it rebounded the day after hitting 1750 in the face of all the negativity that has been going on. Even more interesting is the hammer pattern that developed today and in the opposite color too. Very bullish IMO. stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G I mentioned this morning that I expected we'd start seeing some upgrades. With the markets closing as strong as they did, perhaps the houses were getting their orders in before coming out with the selling job, as volume did rise today. Tomorrow morning should be interesting. Any technical insights you'd like to share? I'd be interested in hearing your views if you should have any. It's good to get input from others that look at the same indicators. Thanks, dabum