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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Tim Oliver who wrote (7005)11/4/1997 3:42:00 AM
From: Doug R  Read Replies (1) | Respond to of 79284
 
Tim,

LABZ is probably going to keep going short-term. Funny thing about those intersecting trendlines I like so much. They always make for a big day one way or the other. It's back up over the IL now so there's going to be a period of large down then up again volatility when it stops the current move. Just ask the RECYites. I had said the same thing about FIIF as well when it went above the IL on 10/15. It came back down to within 1/8 of my projection for the pullback then started back up again. If you look at the chart, it looks ALOT like LABZ did on Friday...Hmmmm.

Doug R