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To: Novacal who wrote (19696)	6/2/1999 8:50:00 PM
From: Vendit™	Respond to of 41369

Unfortunantly you are not very far off with the possible downside that is foreseeable although I don't see that happening tomorrow. Several things can and very well may change to advert this. I don't do the chart formation "head and shoulders" "babies bottom" "patty cake" (hey I could get into this) thing. I use mathematically understandable formulations that I find easy to sew together and form an opinion. My methods are to find out how tomorrow will end or to look at a minute by minute situation. I also look at medium term trends. What you are learning is more steeny's forecasting style. I would recommend that you ask steeny the same question. Learn all that you can, TA will be a very good friend. Vendit Ps: The 200dma is about $88.