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[sharechat] IHG Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Fri, 3 Oct 2003 21:50:06 -0700 (PDT)

Shayne,
       IHG was in a long-term downtrend which ended about 3 months ago. The 
confirmed long-term trendline was broken on 20/6/03, giving an entry at 21.5 
cents. The reversal has continued, with a medium-term uptrend beginning about 
10 days ago. I have marked a couple of the later short-term trendlines in light 
green and magenta. 
 A 200 day simple moving average kept you out of this stock during its 2 year 
slide, with a crossover "Buy" signal in mid July giving another entry point at 
29 cents.
 Looks good to me!
                   Phaedrus.

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