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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Dante Sinferno who wrote (462)	3/17/1998 12:44:00 PM
From: Jim Roof	Read Replies (2) \| Respond to of 4634

It should bounce right about here - in the high 20's. If not then look for it to hang here and consolidate. Issues with such little history behind them are pretty tough to get a handle on. My approach to this problem is simply to look at the resistance that was found here while SYNT was on it's way up. A good number of sellers drove the price down but then watched it fly to near 40. These same people may be looking to get back in once it returns to their sell price of a few weeks ago. Jim