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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (6231)	3/10/2005 10:11:27 PM
From: J.K.	Read Replies (1) \| Respond to of 8752

...also, if I may add, the 50sma is pressing this one down.

To: Vendit™ who wrote (6231)	3/10/2005 10:21:49 PM
From: MJ	Read Replies (2) \| Respond to of 8752

Reid I played around with this on various time frames. Once again there is the LT flatbase pattern. (I love this kind of a pattern because that is where I have been successful previously.) Some people would buy before a breakout from the flatbase. I noted from reviewing Granville's writings and charts dealing with flatbase breakouts-----it can take many years for breakouts to occur. With a stock like SUNW, seems prudent to wait for the breakout assuming it occurs. mj