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


To: dgrs1 who wrote (14290)4/4/1998 2:05:00 PM
From: Doug R  Read Replies (2) | Respond to of 79352
 
Dave,

DOH!!! You're right! I thought you were David J! Maybe we can get David J to run BRLI for us <<gg>>. Ok, Ok...I'll let you know what I have here. The really short term has gone a bit neutral although values are strong. Looking a couple weeks out and even out to a few months, BRLI has a strong technical profile. The really short term stuff may have to develop a bit here. There's also a chance that the stock could make a good continuation in the next day or 3 since the values of the short stuff are in the "significant move range". If the stock gets a go ahead signal, there's a good chance 2 5/8 will become a preliminary technical target as a resting point before investors and fundamental internals decide whether to take it back to the $6 area in the intermediate to long term.

Doug R