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[sharechat] Three Hits and a Miss.

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Sun, 1 Feb 2004 12:38:33 -0800 (PST)

Snoopy,
       Wrong. The chart contained useful information - it showed clear 
historical resistance at $2.15. While this predicted nothing, it did mean that 
CAH was more likely to continue in its well established trading range than to 
break out. To my mind this qualified CAH as a "miss" - hence the "Three Hits 
and a Miss" post. Subsequent price action has re-confirmed this resistance 
level quite well don't you think?

I made no predictions about CAH. My cryptic comment was meant to draw attention 
to the fact that CAH's share price has gone sideways for many years now, and 
that the chances of 2004 being "the year for CAH" are slim.
                 Phaedrus.





                Phaedrus.


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