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

To: Ceez who wrote (19140)	7/7/1998 6:38:00 PM
From: bdog	Read Replies (1) \| Respond to of 79276

Ceez, It's magic. and by the way, you are supposed to save those dreaded forks for me >gg< bdog

To: Ceez who wrote (19140)	7/8/1998 4:50:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79276

Ceez, As Ivan mentioned, the VVUS/PFE nexxus was well established at the onset of the Viagra good news/bad news dynamic. It's actually a trend (technicals) of the fundamental tie between the two companies. The "sweet spot" for VVUS was in place by virtue of the oversold readings coupled with the convergence in the technicals. The knee on the 13, 8, 8 stochastics was an anticipated phenomenon based on the early high of 6 1/32 set within the first hour on Monday. As soon as that level was taken out, the knee was confirmed. Tuesday's strength was telegraphed at the open by the gap over resistance that was defined by a down trend line. As I stated in LA, a gap up over resistance is a strong buy signal. Doug R