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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (11218)12/10/1997 3:08:00 PM
From: GROUND ZERO™  Respond to of 94695
 
Hi Bilow,

I do need to correct your terminology, I'm a dog, not a god. CPQ has that bearish coil formation. The move in either direction will likely be stunning. I just bought some today on a crap shoot. But, the picture looks troublesome. You are right about the previous lows. This is why I'm taking a high risk chance on the long side with this. I did buy CMGI. That pattern is more positive and would be more likely to rally if this market clears the woods. We'll know by the close, if it doesn't rally off these calculated lows.

GZ