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

To: Magnatizer who wrote (22144)	10/18/1998 12:41:00 AM
From: Magnatizer	Read Replies (1) \| Respond to of 79388

Got a bit sidetracked on the HOT chart. Was flipping around the charts on either side of HOT in my MS database and hit SBUX. It looks poised to make a move of its own. There is a large H&S pattern in the chart but I don't like it as a short yet. I see a move to the 43-45 area coming soon. thread, could I get some opinions here ht david

To: Magnatizer who wrote (22144)	10/18/1998 2:54:00 PM
From: Alski	Read Replies (1) \| Respond to of 79388

David, A basic TA question (re: HOT). How might a substantial corp. structure change affect the validity of TA? HOT was a paired share REIT. They announced several months ago that, because of a tax law change that targeted the paired shared REIT's, they were abandoning the REIT status and would be taxed as a C Corporation. High dividend pay out will likely be substantially impacted. How long does it take for chart patterns to reflect the new situation? Alksi