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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (11601)	5/2/2002 12:52:24 PM
From: kirby49	Read Replies (1) \| Respond to of 36161

Well, it's just that when I pull up a three month chart and see a clear trend, I tend to make a duplicate in my mind, and take the top left corner of the duplicate and place it in the bottom right corner of the original if the trend is down, creating a six month chart peering 3 months into the future with the most likely scenario and everything else are deviations for a reason. Anyway with NT, there I go not MYOB again<LOL>, it went from 11 to 5 or a little over 50% down, so maybe about two dollars three months from now and adjust the right hand scale. stockcharts.com[m,a]daoayyay[db][pb5!b21!f][vc60][iLl14!La12,26,9]&pref=G Now at least I have owned this in the past, and by putting the bottom left of the duplicate at the top right corner of the original, we see we may have a long consolidation period of up to seven weeks. stockcharts.com[m,a]daoayyay[db][pb5!b21!f][vc60][iLl14!La12,26,9]&pref=G And then you might want to confirm with a six month chart<GG> stockcharts.com[m,a]daoayyay[dc][pb5!b21!f][vc60][iLl14!La12,26,9]&pref=G Well, prime rib at a pub just north of the big smoke awaits. Catch you later. Bob