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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (4706)	7/14/2005 12:20:24 PM
From: gregewing	Respond to of 13449

And IFC, I think both of these are good shorts but TA will determine when.

To: Paul Kern who wrote (4706)	7/14/2005 3:23:29 PM
From: chowder	Respond to of 13449

>>> Maybe Professor Bum would take a look at CFC? <<< Paul, I see a stock in a Stage 2 uptrend that is consolidating above a rising 50 day moving average on light volume. It looks like all we were seeing is some profit taking. I don't see any significant selling going on. Note how low the volume is on down days. There isn't a hint of distribution. stockcharts.com[h,a]daclyiay[d20050414,20050714][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G If price should close below the 50 day moving average, you'll have your first confirmation of a change in the character of the trend. dabum