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Strategies & Market Trends : Charts for Bottom Breakout -- Ignore unavailable to you. Want to Upgrade?


To: Ed Huang who wrote (3100)3/29/2002 10:24:19 PM
From: Tom Shutters  Read Replies (1) | Respond to of 3105
 
Ed, RTRSY sure looks like a classic double bottom. Monday should be back to normal trading and we will be able to get a better look at volume and indicators.

Things have happened very quickly for LU the past few days and it looks like the good news is actually pushing the shorts to the buy side. Check all the great news in the past few days. Upgrade after upgrade and there may be more Monday. The upside pressure is on.

Funny how the charts tell the news before it is released. I hear the chart whispering "watch HWP" "watch HWP". But, how could a simple chart predict the future?

Will follow RTRSY.

Thanks and good luck,

Tom