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


To: TradeOfTheDay who wrote (22478)11/3/1998 3:20:00 AM
From: Doug R  Respond to of 79227
 
Bev,

VLSI:

Not a starstep formation as I define one (volume is too high and the "shape" does not nearly conform to the strict requirements) but the chart looks very good as it is.
I always hesitate to project a move to the IL out of anticipation that an ACT is in progress but this one is very tempting to do so. IF I were to do so I would have to project that VLSI has the potential to go very quickly to 20.

Doug R