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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (65994)	11/10/2006 3:41:38 PM
From: TheSlowLane	Read Replies (3) \| Respond to of 312757

Well, Dara and I and the two other retail investors that still own this stock have been waiting for this moment for a long time. A recent example: Message 22861049 Your target sounds about right. We are breaking out of a multi-year cup and handle. I have a question for you. To measure the projected upside, you're supposed to measure from the bottom of the cup to the rim and then add that difference to the breakout point (about .80, as you say). But...do you use the number (about 35-40 cents in this case) or the distance (i.e. use a ruler)? Because if you're using a logarithmic chart, the using the latter method would give you a higher price target then .80. Just curious to know what the "rules" are on this. Cheers! Paul