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To: Jeffrey S. Mitchell who wrote (11272)2/4/1998 8:49:00 PM
From: Trader X  Respond to of 17305
 
Jeff, could you explain what you mean by "bullish signal"?

you lost me after that point.
I think my analysis of ADPT was much more succinct:
Message 3341240

Have you heard this joke?

What's the difference between a babbling brook
and a babbling Jeff Mitchell?

The babbling brook actually goes somewhere.

<g>

later.
&copy;SHAZAAM!



To: Jeffrey S. Mitchell who wrote (11272)2/4/1998 9:23:00 PM
From: Trader X  Read Replies (1) | Respond to of 17305
 
When Time and Price Collide: ALYD preparing for a breakout.

I drew some lines on the ALYD chart, and put it up on my website so you folks at home could follow along.

ALYD weekly chart:
cris.com

What's it all mean?
ALYD is about to breakout above $20 in a move to at least $26, after a brief stop near $23 to gather momentum and retest support at 19 1/2.

the yellow lines indicate the current trend channel. The price history between the bottom yellow line and the red horizontal line form an ascending triangle pattern. The depth of the triangle pattern indicates the upside move to be about 6 points. Usually this is a conservative estimate. I expect the move to actually be closer to $30.

Also worthy of note is the crossing of the 10 week (50 day) MA over the 20 week...another bullish sign.

ALYD is going up soon.

-&copySHAZAAM!



To: Jeffrey S. Mitchell who wrote (11272)2/5/1998 8:52:00 AM
From: Don Pueblo  Read Replies (1) | Respond to of 17305
 
Excellent analysis, Jeff. Even I could understand it.

Normally when people start talking about TA (and dodecahedrons in particular) my eyes glaze over and I begin preening. However, your ability to bring it down to laychicken's terms is a feat for which I both admire and thank you.

TLC