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To: marcos who wrote (9888)12/2/1998 3:05:00 PM
From: brian krause  Read Replies (2) | Respond to of 26850
 
Yup, the chart looks good.

Seems that it's being cleaned out at all levels and in demand.

As the price rises it will hold it's gains better. Now that it is in the three's a .30 gain for the day is not that big a deal. When WSP was trading for a buck the traders would sell on a 30% gain for the day.

The average dollar value traded per day is also climbing.

The higher it goes the better it looks )))



To: marcos who wrote (9888)12/2/1998 4:00:00 PM
From: John Paquet  Read Replies (2) | Respond to of 26850
 
Hey marcos;

the minute chart of WSP looks profit takers set in, WSP open a nice gap up then after 2-3 times unable to break that $3.11 profit taker set in. This constitutes triple top for the time being, although it manages not to close the open gap but I do think the gap will close by the end of today market close. This then is forming a key reversal day, profit takers will compete each other like the getting off the bus theory, I want to ahead of everybody, then secondary trend establishs, and then this may last for 3 days to 3 weeks correction until hit that $2.55......

Anyway; this is 100% purely my practice of chart reading and market behavior expectation. There is no science and any fundamental involved with. I hope I am wrong so that I could learn more.

John Paquet



To: marcos who wrote (9888)12/4/1998 1:01:00 PM
From: brian krause  Read Replies (2) | Respond to of 26850
 
Marcos, your chart is looking bullish.

quote.yahoo.com

It looks like we have established a new bottom at 2.75 on three seperate days and are building a base for another attempt at $3.

I wonder it the shorts have covered yet or were they thinkin Friday would be a down day.