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

To: Magnifique who wrote (1335)	12/6/1997 10:21:00 PM
From: stan s.	Read Replies (1) \| Respond to of 1391

IOM, this one's pretty much following the dictates of the chart, at least for now Magnifique. geocities.com It didn't have the strength to hold the break over 33. It closed under it's trendline for the first time in weeks. That usually indicates a testing of support...which happened on Thursday and Friday. Watch this one, if it should close under 30 1/2 I think it might test 27 3/4. Picked up an MACD sell a couple of days ago too. I'd like to see it settle down for a few days....let the indicators gather some strength. Once this breaks 33 CLEANLY and holds...could be a nice ride. Until then, I'm only gonna watch. Stan