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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (5271)1/4/1999 7:45:00 AM
From: Slide Rule  Read Replies (1) | Respond to of 43080
 
Last, I bought CPU Thursday, looking for an iMac connection. CPU moved up their earnings from 1-28 to today, no reason stated. I noticed this puts it right at open of MacWorld. If a strong tie-in shows up, some chance of a breakout of your trading range. regards, Slide



To: LastShadow who wrote (5271)1/4/1999 8:42:00 AM
From: Jay Lyons  Read Replies (1) | Respond to of 43080
 
>If it penetrates the upper line, then it may signal the exhaustion of a trend (and we would expect a horizontal and then negative reversal to follow soon)<

Gary Smith's Street.com column today is saying the same thing about AOL, which definately went above last week. He postulates 50 points as possible reversal.

Jay


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