Forum Archive Index - October 2003

[Phaedrus <Phaedrus@techemail.com>]

Shayne,
        I posted an IHG chart for you, and while it appeared on the ShareChat 
forum, it somehow failed to get through the auto email bit so you may not have 
seen it. Anyhow, here it is again.

  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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