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


To: ivan solotaroff who wrote (15711)4/28/1998 11:28:00 AM
From: Doug R  Respond to of 79309
 
Ivan,

ABTX looks low risk here. You may find yourself holding for a while though so get comfortable. There's a bit of acceleration in the downtrend and an intersection of a couple lines is coming up on it. If it pops at the intersection you could see 17 1/4 on it. If it gets stopped at the intersection, that would be a different story. I'm sure you'll find the one I mean. I went the other way and bought one with a possible breakout in the works. ARTT was on my list just too many times to pass up today. The market looks safe for a bit here but isn't really roaring back. I'd call today weak.

Doug R