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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: lazar921 who wrote (4148)	11/29/1997 12:59:00 AM
From: Instock	Read Replies (1) \| Respond to of 4701

INNOVEST INFU-TECH INC. (INFU) CLOSING PRICE ON 11/25/97 - 5 7/8 TECHNICAL OPINION - FIRMLY BEARISH THE INNOVEST RATING IS TO SELL THERE ARE FIRM TENDENCIES FOR A NEAR-TERM PRICE DECLINE. INITIAL DOWNSIDE SUPPORT CAN BE EXPECTED AT 3 11/16, NEAR THE 50-DAY PRICE AVERAGE. UPSIDE PROJECTIONS FOR OVERBOUGHT ARE 4 39/64 TO 4 15/16. -----------------------------------------------------------

To: lazar921 who wrote (4148)	11/29/1997 1:39:00 AM
From: Greg Butcher	Respond to of 4701

No....Jeff I meant the stock RLLY You see I am always saying I see something happening in a chart and I tend not to be reading it right..but the jist of that post was to say I'm going to try to read it again..this time I think I see it correctly...my big mistake is that I tend to try to read a chart to early.....But the chart of RLLY has got the aspects of a head and shoulders pattern..and that includes the fact that the right shoulder has come up with less volume than the head and the most volume of the H&S is in the left shoulder... and I was asking Doug if I got it right this time....I actually have more faith in my reading than I let on....I just like to play......I have done quite well with my trading... To give you a clue..this is how I make my living. I am one who believes there is nothing wrong with a little humor, while some traders (not on this thread) might crack their face if they smile. you can't take life to seriously...WOW..how did I get on that!!!..TIME FOR BED. Have a great weekend Jeff INFU should be ok...P.S. you should never but so much in one stock that you cant sleep...still learing that one myself.. Greg