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


To: R. Ramesh who wrote (11775)2/2/1998 12:17:00 PM
From: Doug R  Read Replies (1) | Respond to of 79284
 
Ramesh,

I expect GTAX to pull back a bit but not for too long. I think it should be able to reach 15 short-term. It's eventual high could be 18 or more. There's a line of resistance that it hit today at 11. That line will get up to 15 in about 5 weeks. If the earnings are good (and I have no reason to expect they will not be) 15 seems safe.

I'm counting on the technical breakouts in ALSC to carry it up nicely and quick enough to get me back into GTAX in time.

Doug R