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My
accumulation studies of MCD suggest a bottoming process, but not enough
accumulation jet to power a significant near term advance. I'd like to see a
retest of the resent low with evidence of substantial accumulation.
-Stan
<FONT face="Times New Roman"
size=2>-----Original Message-----From: Gitanshu Buch
[mailto:onwingsofeagles@xxxxxxxxxxxxx]Sent: Wednesday, January 17,
2001 8:37 AMTo: realtraders@xxxxxxxxxxxSubject: [RT]
STK: McDonalds MCD
Near term outlook is cloudy as shown on the daily, though
longer term (see weekly) it looks bullish to me.
I'm therefore long here with a 32 stop, risking 2.50 to
capture something much bigger in terms of price move.
GitanshuTo
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