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To: Gary Burton who wrote (42346)4/16/1999 9:42:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
GaryB; I must of misunderstood...

<<.Provided 66.80 print is exceeded, this Second Phase may back and fill for a bit (but not below 61.78) or may keep powering forward with only minor corrections along the way. .......There is a 'small' chance that the OSX may take out 66.80 and then go down again into the 50's via a "double zigzag" (an ABC down then up a bit then a second ABC down). I'm inclined to doubt that this will happen....My 2c fwiw >>

I guess we are ''headed through 72 and a test of 77-80'' then ?

I guess I was zeroing in on the ''small chance'' of retracing to the 50's... that damn ''ABC double zigzag'' stuff all ways throws me off (VBG).

Time will tell..... The EW's have done very well - this will be a great test here as we truly have conflicting earnings reports, analyst comments and media commentary as opposed to the tape/technical interpretation.... this is a live classroom lesson on technical behavior and a real ''test'' right here.

Very interesting indeed ...



To: Gary Burton who wrote (42346)4/16/1999 9:43:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
<<I also said that I thought 66.80 would likely fall Fri>>

That didn't take long. Also, FLC printed above 8.63.