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To: Robert F. Newton who wrote (11511)2/7/1998 12:34:00 AM
From: Greg Butcher  Read Replies (1) | Respond to of 17305
 
Robert, I was saying that from a strictly TA point of view...in the short term it looks like it will pull back a bit...thats all....the RSI is around 85
and the chart looks like it has met a little resistance. And when ever a chart runs up hard like this, 90% of the time there is a pullback from profit taking and "Traders Remorse". I have no doubt
it will resume its up trend. But there is a strong possibility it will have a pull back at this point. I am a trader who just looks for the 1 or 2 points that can be had. So thats all I was looking at. Sorry to alarm
you.

Happy Trading
Greg