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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: Kim who wrote (4481)	1/6/1998 4:56:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 4701

CADE... >>>I was wondering what you think CADE is going to do-and the time frame ta wise.<<< **************************************** Kim: CADE successfully broke through a lateral trendline in the 2 1/2 area the other day... Moneyflow is turning positive... MACD is already positive... Relative Strength is rising... It took about three months for CADE to touch bottom... I think it may take another three months to get back to the 3 1/2 area... After that, the 5.00 to 6.00 area looks attainable on a technical basis between three months out to about nine months out... My charting software doesn't allow me to extend trendlines into the future, so, I'm guestimating the time period, not the 5.00 to 6.00 price target... Jim