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


To: TheInvestor who wrote (7677)11/14/1997 4:21:00 PM
From: Doug R  Read Replies (3) | Respond to of 79450
 
Ben,

With patience, you should do very well. A break below the initial uptrend is the only thing that would change my opinion. The initial targets are still what I expect. With support provided by that uptrend, 3 3/16 would be the lowest the stock should be by 12/18. Stocks in an uptrend (the current downdraft is extremely short-term here and is too steep to expect it to be sustainable) spend most of the time well above the trendline so I think by 12/18, we'll see something nicely higher than 3 3/16.

Doug R