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Strategies & Market Trends : Set the Controls For The Heart of the SUN -- Ignore unavailable to you. Want to Upgrade?

To: coaster who wrote (666)	6/1/1998 11:25:00 AM
From: gerard mangiardi	Respond to of 1156

Buy sequential setup was completed Friday on CD.

To: coaster who wrote (666)	6/2/1998 8:54:00 AM
From: Dave H	Read Replies (1) \| Respond to of 1156

Hi Gary, MLT isn't anywhere near completing a sequential (day 5 of a buy setup), but it does look like a good short candidate -- like you said it is setting up the right shoulder of a H&S. Definitely overbought and looks like it doesn't have anything left to push higher. TDROC1&2 gave sell signals friday. Given the overall market direction these days, I'd say MLT could turn out to be a very good short. The closest TDST line to the downside is right below the gap waaaaay down at 8.56. -dave