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


To: Bob Biersack who wrote (23859)12/3/1998 9:26:00 AM
From: Doug R  Read Replies (4) | Respond to of 79230
 
Bob,

ECHO's looking like the typical wild ride up then down. I'm going to stay away from trying to formulate a judgement about where the price "should" be based on any fundamentals and stick to the TA. When stocks do what ECHO just did, it's tough to call anything until the technicals stop reactionary fluctuation and start forming a pattern or trend. That may take at least a couple more days so I'm going to wait until the weekend to attempt it.

Doug R