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

To: Sandra who wrote (11005)	1/21/1998 1:06:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79273

Sandra, CPQ does seem to be gaining strength -- as Doug has said before, the failed Head and shoulders usually gives way to a powerful upside move. I haven't watched CPQ in a while, and it looks like they just split today so all the online charts are a mess, but you could probably establish a long position at this point and monitor it carefully for any signs of breakdown. I think Doug mentioned a little while ago that CPQ looked like it had a potential short term rally ahead too... -dave