Go to Jeff Salisbury LWGate Home Page.From: "David Thompson" <therapist55@comcast.net>
Subject: Re: [CANSLIM] WES - What does a "U" shape, 1-day chart mean
Date: Sun, 3 Aug 2003 21:32:14 -0700
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This is a multi-part message in MIME format. - ------=_NextPart_000_002B_01C35A06.B4DA87F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I found it interesting to look a a monthly chart of this stock. It = showed me 1990 through 2003 and if history is planning on repeating = herself (and I've not been very close to her lately) I'd guess that WES = will spend two or three months attempting to break out of the top of the = channel ($34) and then head sharply south where it will find support at = around $21. If it breaks significantly above $34 and $34 becomes = support then it could leave the channel alltogether and move = significantly higher. David - ------=_NextPart_000_002B_01C35A06.B4DA87F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>I found it interesting to look a a = monthly chart of=20 this stock. It showed me 1990 through 2003 and if history is planning on = repeating herself (and I've not been very close to her lately) I'd guess = that=20 WES will spend two or three months attempting to break out of the top of = the channel ($34) and then head sharply south where it will find = support at=20 around $21. If it breaks significantly above = $34 and $34=20 becomes support then it could leave the channel alltogether and move=20 significantly higher.</FONT></DIV> <DIV> </DIV> <DIV><FONT face=3DArial size=3D2>David</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV></BODY></HTML> - ------=_NextPart_000_002B_01C35A06.B4DA87F0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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