Forum Archive Index - July 2002

[Phaedrus <Phaedrus@techemail.com>]

Andrew,
       Go back as far as you like, the situation is unchanged. Attached is a 
chart going back even further, to 1992. For you to speak of Bullish patterns 
and "the possibility that the share could be falling back into its old uptrend 
channel from 1997" is, at best, fanciful. As Kiwi has noted, CLI is in a 
short-term downtrend, within a mid-term downtrend. 
 CLI has been falling for three years now. I would have thought it extremely 
difficult to put a positive spin on that fact. You have tried hard, but I fear 
it may be at the expense of your objectivity.
 
      Regards,
                Phaedrus.

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