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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (9405)12/18/1997 4:13:00 AM
From: Doug R  Read Replies (3) | Respond to of 79378
 
Myron,

DVD's alltime high is 24. Not much room left to there. Risk/reward may be a bit too high at this point. If I were you or if I were most anybody else, I'd wait for new highs. A cup with handle may form. If a cup with no handle breakout occurs, there will likely be a retest of the breakout. Stalk, don't run, to a broker near you.

I have a full service broker that likes me so he keeps my orders on post-its right on the moniter. >>gg<<

Doug R



To: freelyhovering who wrote (9405)12/18/1997 8:13:00 AM
From: Dave H  Read Replies (1) | Respond to of 79378
 
Myron,
yesterday's action on DVD might be an "IBD" effect -- they were featured on the New America page yesterday. I've seen this happens to some stocks before. Since it's a GAT, maybe waiting might be best...I'm stalking this one myself.

-dave


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