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

To: freelyhovering who wrote (11976)2/6/1998 3:23:00 AM
From: Doug R  Respond to of 79502
 
Myron,

The stairstep pattern post-transition breakout period tends to be extremely volatile. Buy and hold works better than trading in and out. ACRT was a SPP-TBO at nine, in Jan. '97. It's not a 78 hr. triple. More like a 7/8 of a year triple (the float has alot to do with the pattern and the P-TBO activity). There are times when they are very difficult but in the end, very rewarding.

Doug R



To: freelyhovering who wrote (11976)2/6/1998 9:00:00 AM
From: Hank  Respond to of 79502
 
I would say 20 is definitely in the cards within the next 3 months. If earnings keep accelerating at this rate, 30 won't be far behind in 6 to 12 months. These are just rough guesses. It could happen a lot quicker than that. The float is pretty small here and with enough interest, the G force could surpise us all :)


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