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


To: Sergio H who wrote (27181)3/8/1999 4:12:00 PM
From: Doug R  Respond to of 79273
 
Sergio,

RDRT is certainly low. I hope you are treating it as a potential longer term idea and saving some powder on it to potentially avg. down with. It looks like high teens or low 20's is about as high it will get for a while.

R2K is basing relatively well. I'm sure many people want to see a potential head and shoulders in it. One thing about a head and shoulders that most people don't get is that a breakout to the upside from one is even stronger than that from an IHS. As it moves across the next several months, I expect an upside breakout.

Doug R