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

To: Doug R who wrote (9663)	12/27/1997 11:02:00 AM
From: Dave H	Read Replies (1) \| Respond to of 79292

Hi Doug, If you have the chance take a look at TBY -- it looks like it just broke out of a MIM four days ago and is shooting to the sky since then -- this one should retest fairly soon, I'd think, perhaps to close the gap on the BO day. Earnings are due relatively soon (IBD says within 4 weeks), so looks like we are watching a classic fall-on-good-earnings setup...but if the breakout holds after retest, this might be a nice one. May 1993 had a high of 9.63 which is the only high I can see left to take out except the all-time high of 29 from 1989. Right now it's at 7.56 but I expect a retest in the 6 1/2 area. -dave