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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: james r. davila who wrote (3280)12/10/1997 8:52:00 AM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
james, I don't mean to scare you on AZZ, but if 15 does not hold, i am predicting a pullback to 13.50 area....It looks right now like a head and shoulders top with neckline at 15.00....Volume has been weak as we
come into the neckline, so you are safe thus far, but we'd better rip upward from here,or my target of 13.50 will be fulfilled....Mark



To: james r. davila who wrote (3280)12/10/1997 11:01:00 AM
From: Tom Latham  Read Replies (2) | Respond to of 7396
 
James re CHTT is not neg on earning, it is projecting 98 cent to 1.00 for '98. After looking at this I think the neg on this one is they grew this year 65% --- next year growth rate is only 15-20%. They don't get the newsbreak corrected they are going to be dodo. Setting in a horrible place on the chart to stahl.