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To: Robert J who wrote (1892)5/8/1999 8:34:00 PM
From: scouser  Respond to of 2231
 
Bob, $7 may or may not be the exact value of PQT , but the linear regression is showing us a price that is a based on recent history.
Check out how it predicted the fall of AOL ,http://www.iqc.com/chart/default.asp?w=600&period=60&chart=bar&chart1=lr&i0=1&i1=0&i2=0&i3=0&s=linear&symbol=aol&time=week
If I would have told you AOL was going down to $110 when it was at $175 you would have called me nuts , right? LP may not always be right , but when a stock is nearly 50% over it's weekly LP I would be concerned.