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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Patric who wrote (2383)	11/24/1998 4:07:00 PM
From: Caroline	Read Replies (1) \| Respond to of 39683

Everyone's TA-wise is a little different, but my TA-wise says nice double top, heck of a down trend, shorter MA under longer MA... all bearish to me. CB

To: Patric who wrote (2383)	11/24/1998 6:43:00 PM
From: Ken Adams	Read Replies (1) \| Respond to of 39683

Patric, Not meaning to "pile on" here, but I concur with Caroline. Following the double top AVEI went on to make a lower low in late October. The rise from that low was turned back by the 40d MA, which already was below the 200d (which is itself now falling). These aren't good signs for a bullish position. Today's action confirmed this. Sorry, I hope you didn't go long yesterday or this morning. Ken