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To: Papillon who wrote (13272)4/15/1998 10:44:00 AM
From: Trader X  Read Replies (1) | Respond to of 17305
 
John, you have to excuse my brevity at times.

I sometimes don't have much time to post, so I post the Reader's Digest version of my thoughts.

My reco is based entirely on TA, so as they say, a picture is worth..blah blah blah..

chart.yahoo.com

a steady rounding bottom is in place with 30 the resistance we want to take out.
chart.yahoo.com

you can see that the last 3 weeks has been a methodical climb through the 20s, 2 big days up, followed by a 50% retracement. Held at 26 1/2, now moving on $30. After a brief pause at 30 it should move over and then up through the 30s.

X