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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (15119)1/17/1998 5:01:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69965
 
Hi Jim,

I got a partial answer on the possible slow down of equipment
deployment by the telcoms. I will post later this weekend once
I get my notes together from the ANDW conference call as they
are loosely related.

Could you check CA for me. It is currently outside my lower trend
line drawn from the low on April last year. Is this a possible
double top. It has not finished the pattern yet, but a 10
day moving average through the volume indicates the volume is
increase during this last drop in price. I have not checked
the fundamentals since we both looked at it last year when it
drop. At best it looks like it is stalling at this level.

Harry