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To: majormember who wrote (975)5/20/1998 5:05:00 AM
From: HeyRainier  Read Replies (1) | Respond to of 4140
 
Skane, the $8.00 support level does seem more appropriate; my ~$9.00 resistance level holds. Hope you can read through the scratch:

members.aol.com

Downtrend line; Gann Fan; Upper Bollinger Band all say stop at that level. Hope this helps a bit. Now I've got to get some sleep for tomorrow morning..

Regards,

Rainier



To: majormember who wrote (975)5/21/1998 9:51:00 AM
From: Loren  Read Replies (1) | Respond to of 4140
 
As I told my friend E the other day...

The daily TA tells a different story than the weekly TA.

If you focus on the daily, you see a definite short-term trending toward support levels... if however, you focus on the weekly (like I do), you see some basing, with the uptrend still intact...

So, how you respond to the TA depends on your time horizon...

Loren