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

To: LTK007 who wrote (19851)7/25/1998 12:43:00 AM
From: Ken W  Read Replies (1) | Respond to of 79296
 
Max90, Ivan or Doug,

Do you all still play the "cats"?

I would like an opinion on GAEO as a cat. It appeared that there was
considerable buying toward the end of the day. The volume was amazing
as the overreaction took place. I was thinking of the play on Mon.

What think?

Ken W



To: LTK007 who wrote (19851)7/26/1998 3:40:00 PM
From: Doug R  Read Replies (1) | Respond to of 79296
 
Max90,

PSIX is certainly a tough one. I don't see anything that would stop it from going quite a bit higher if it does get to 22. And I don't see anything that would stop it from dropping to 17 1/4 if it doesn't take right off on Mon. If it doesn't hold 17 1/8 on Mon, you could see your chance to add more in the high 14's.

Doug R


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