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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: zx who wrote (1471)	1/17/1999 9:40:00 AM
From: The Jedi	Read Replies (1) \| Respond to of 2341

Ag there is not enough data for technical analysis, the only thing I could do was draw trend lines using highs and low to creat an upward trending channel. Seems like the top of the trend line is near 64.5 (use log charts). So we are near the top of the channel. Don't know the story of the stock, so your guess is as good as mine. If you had a very good 1999 start and have made lot of money I would let it ride till earnings, if this is your first good play then I would just take the profits. What I am saying is you decide your risk reward. Kiri