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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink! -- Ignore unavailable to you. Want to Upgrade?


To: big guy who wrote (73)5/28/1999 4:22:00 PM
From: Wade  Respond to of 336
 
Big Guy,

We will see the similar pops at least once a month during the basing process. It is just the matter of time to get back to above $5. There must be some reasons caused that pop. We probably won't know the reasons behind it. But, we only can guess it at this point. Just like you said, may be be something good is already brewing.

I agree with you that $4 is a very good support of this stock. Have a great weekend.

Sincerely,
Wade



To: big guy who wrote (73)5/30/1999 2:17:00 PM
From: Wade  Read Replies (2) | Respond to of 336
 
Big Guy,

I looked at the chart again. It is obvious that $5 - 5.50 is the resistance of WLK. Also, I noticed that the trend line connecting the bottoms are moving upward. This means the supports are moving upward as well. I found that the new break out should take place within 3 months if we extend the bottom trend line. In the mean while, we should see pops like what we had recently. I will hold tight and avoid selling too early. My target is $10 in 12-24 months. Have a nice holiday.

Sincerely,
Wade