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To: C Wright who wrote (5244)12/4/1997 12:16:00 AM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
[ CDRM ] Hi, Carol.

I'm still learning the Ascending Triangles too. But CDRM !!!

I'll be a Holiday Turkey and stick my neck out. Yep that's a Triangle all right. Good Call. It started popping today.

On the 8to10 s.

AWRE ... Yes. It's on day 9 now. Looks like it's found a bottom to me. But keep in mind the downward moving MAs will over power the Candle Patterns. I'd guess it's good till it finds resistance on an MA. The 50 is Down moving and near 12.125 so short term only if it were me.
The 89DMA is below that near 12.00.

NSIX ... If you go strictly by the Book ? Yes it qualifies as well. But to me? I've been watching these 8to10 s real close. I would disqualify it because of the White Inverted Hammer it did on 11/28 and look for another pattern to emerge.

It's a shame to see it where it is. NSIX is the kind of company that can do a tremendous amount of good and save lives. I see what the Market thinks about that though. I hope they have an announcement or do something to help the price. It should have bounced yesterday or today when it hit the lower 50DMA Bol Band.

I'll defer the other AT's to Rainier. He's da Man on those.

Happy Bids,

Ray