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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 (13190)3/11/1998 12:01:00 PM
From: James Strauss  Respond to of 79469
 
CS...

>>>Is this a good point to buy (actually avg down)? Do you have any better feel for near future price movement. Yes, I am interested in holding for a long time, but as every one I want to be in the money near term also, if possible (greedy, me :-)<<<
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Ramesh:

CS continues to base in the 13.00 to 14.00 area... A pretty safe place to average down... For trading purposes, a jump to the 15.00 area could come with any positive news...

A break above 15 1/2 sets it up to challenge the 16 3/4 area...

Jim