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Re: [sharechat] Sure To Rise..Les

From:	"Graham" <graham@ts.co.nz>
Date:	Tue, 14 Mar 2000 08:02:21 +1300

Les

For those of us who don't have access (no pun intended) to such a chart we would be grateful if you could keep us posted.

Thanks and Kind regards

Jane

-----Original Message-----
From: Les Mortimer <les@openmind.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: 13 March 2000 11:45:AM
Subject: Re: [sharechat] Sure To Rise..Les

Hi Tony, thanks for light hearted humor re trying old and new specs it shaw makes a difference to the normal harsh criticism the is dump on some contributors.

Well I will try a explain my call that ADV has plateaued as Simon had pointed out early and that and upward facing triangle is forming.

The chart that I am using is from Access Brokerage (line chart) I have drawn a line from $3.55 approx to $3.95 approx and extended out passed $5. I call this a time and distance line. My second line is horizontal at $4.85 Approx. Hence my triangle. I said that if ADV breaks through $5 in the next few days it has a very good chance of running much higher. If it doesn't it will most likely break through my time and distance line and retreat from current highs.

I used this method when I post my thoughts prior to ITC's last breakout.

Regards Les.

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