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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (1246)11/19/1997 8:41:00 AM
From: Rambi  Read Replies (2) | Respond to of 1391
 
HELE--Thank you stan-I was getting kinda worried- HELE is in the consumer-cyclical sextor--small appliances and tools--rather than cosmetic. Question-and I hope it doesn't make me look too dumb-as you know (!) I don't know charting. But I was looking at HELE's chart for the past year and a half, when I bought it just after the first split, and there seems to be a similar pattern -with the sharp drop a few weeks after toward the 200 day MA and then the basing and starting back up...so I wondered if that could be happening again.
I'm glad you enjoyed the story. It was a lot of fun.