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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (5164)3/18/1998 4:58:00 PM
From: Jim Roof  Read Replies (1) | Respond to of 18691
 
Let me throw a little 'snake oil' your way. You may remember that I ticked you off by stating that ZONA looks good to 28-30 on technical analysis (the chart reading type - I hate those computer programs with their RSI's and stochastics etc.).

I still see it that way. Resistance just below 30. Despite the dire predictions everything about this chart says bottom reversal when it hit 12 or so. It's a bottom head and shoulders that indicates a minimum upside of 28-30 and possibly more.

Just a friendly reminder. You can flame me if you wish but I would rather be considered as a source of decent information.

Jim