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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: gil schmidt who wrote (995)	4/18/1999 8:57:00 AM
From: gil schmidt	Read Replies (1) \| Respond to of 1848

Sorry about the faulty link to AMTD. Anyway, askresearch has great free charting. Just go to their site and set the appropriate charting parameters: AMTD symbol Candle chart 6 month Bollinger Bands "Modern" chart background You will see that back in February after a huge runup the stock entered a 4 day technical decline to between the 20 and 50 day EMA which coincided with the midportion of the Bollinger bands. This recent runup was even more impressive. The stock was clearly overextended technically speaking. Now that the uptrend is broken I believe it will retrace in a pattern similar to February. Thus we should see 100 and possibly lower. Stock market forces or news from the company could affect this. My money is on continued weakness for 20 or so points. Having said all of that, I will add that I have also made $ on AMTD on the long side. I have no "axe to grind" with the company...do not use them to trade. This is just a great, volatile stock with which to make $ and in my book thats what its all about. gil