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To: billkirn who wrote (2252)4/6/1998 10:58:00 PM
From: Jeffery E. Forrest  Respond to of 5827
 
Oh PUHLeeeease.

Ballard held support very nicely at the middle of Fris. Long White Candle.

It's MUCH too early to make statements about double tops, price predictions of 60-70, etc.

Price would have to break below the recent trough (support) at $96 to qualify as a double top .

During the second peak of the double top there would also be CONSIDERABLY less volume which is simply not the case here.

Two days of price action do not qualify as a trend.
You are obviously no technical analyst.



To: billkirn who wrote (2252)4/6/1998 11:05:00 PM
From: Mr.Manners  Read Replies (1) | Respond to of 5827
 
You have got to be kidding. TA or not... profit taking, maybe.
Ballard retreat to 60 or 70....hahahahahaha.
It's still Ballard. The price is still reflective of potential, and that won't stop.. maybe take a rest.
But if it were to retreat to 60 there would be something seriously wrong.. because it wouldn't stop there.
If it runs again, which it should, there will be another high; and if it is basing, there will be a higher low than the previously mentioned 96.
If you know what you said for sure about this stock, I would guess you've obviously shorted it and/or are heavily into puts.