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[sharechat] SKC Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Sun, 23 Feb 2003 20:36:20 -0800 (PST)

Allan,
      SKC is in a long-term uptrend, a medium-term uptrend and a short-term 
downtrend. Price action is well above a confirmed long-term trendline which has 
held good for three years. SKC closed today right on the medium-term trendline, 
but as I have said before, it is usually unprofitable to try and trade the 
secondary trends of stocks in good long-term uptrends like this. Use of a 
short-term indicator such as a 30 day MA would have flicked you out of this 
stock many times, thus missing most of the big gains.
        Regards,
                  Phaedrus.

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