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

To: Dave Shares who wrote (11953)	3/31/1999 6:41:00 PM
From: LastShadow	Respond to of 43080

TNO My opinion would be that the volume is a little light on the handle for a c&h formation, but since its light across the board for it, you might as well set an alert. if it gaps at open buy immediately. If it falls out I doubt there will be a bounce

To: Dave Shares who wrote (11953)	3/31/1999 7:05:00 PM
From: John J H Kim	Read Replies (1) \| Respond to of 43080

TNO-what Last said. Plus the big spike up to complete the right side of the cup skewers it (do you agree last?). IMO (but Last really is the resident chart expert though he is modest about it.) There seems to be resistance in the 29 area. If it can get thru this with strong volume then might be worth jumping in for a quick profit. IMO Also note that it is sitting just above the 50 dma and 200 dma But basically it is in a trading range between low 20 to low 30s going back couple years. It needs to break out of this range. hope that is helpful if at all.