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[sharechat] WAM

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Tue, 13 Nov 2001 12:45:34 -0800 (PST)

John,
        Right on all points. WAM is in an uptrend, there were no clear 
Support/Resistance levels on the way down, and prices are exactly at the point 
of confirming or breaking the tentative trendline. Today will be decisive. My 
feeling is that the trendline will be confirmed, and the uptrend will continue.
   WAM made a clear trendline break on 25/10/01, giving a buy signal which was 
confirmed the same day by both RSI and Parabolic SAR buy signals. This gave an 
entry at $2.47.
                  Phaedrus.
   

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