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

To: JKraft who wrote (28953)	5/1/1999 3:09:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79270

Joanie, SKI: Although Friday's volume was above avg., it was lower than Thursday's volume. That coupled with the gap up and the close in the lower half of the trading range suggests it has some more work to do. The low on Monday is likely to be the first anchor for an initial uptrend but the jump from there has much too steep a trend to be sustainable. Sometime over the next several weeks you'll see it get to a low that is just a bit higher than Monday's low. That will be the next buying opportunity on it. Doug R