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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Francis Muir who wrote (45812)	1/27/1998 11:49:00 AM
From: E. Graphs	Respond to of 58324

Fido, I couldn't get the chart to work for me. I disagree that TA-wise there are no indications. We can use very basic charting here to see that we have two very distinct takes on direction. If we use the H&S for guidance we have fulfilled the downside at 8 1/2 and should now turn up, or more likely continue basing. However, we might also recognize a very nasty bear flag forming. This would be fulfilled at 5 3/8. I'm not saying which it is, because I haven't decided yet. This is all just my opinion of the way it looks, and this is why I am still not comfortable. I will use TA to decide. Good Luck, E