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

To: Jodi Segal-Lankry who wrote (12381)2/17/1998 3:54:00 PM
From: John Chapman  Read Replies (3) | Respond to of 79284
 
Doug: IFCI looks to be finishing strong after bouncing off its 21 MA today. Would you give your read on it.



To: Jodi Segal-Lankry who wrote (12381)2/18/1998 4:33:00 AM
From: Doug R  Read Replies (5) | Respond to of 79284
 
Jodi,

TESI has very little technical room to continue. I would say it will hit a top on Wed. and at best, an extensive basing process will ensue. If the close on Wed. is lower than Tuesday's close, that will be it for a while. There's a chance it could continue into Thu. and in that case I'll have to run another TA so get back to me if it does. If you're already in it, you've done very well.

Doug R


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