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Strategies & Market Trends : Automatic

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To: AlienTech who wrote (422)8/9/2001 1:14:03 AM
From: ken-l  Read Replies (1) of 470
 
AT,

what the heck u've been trading these days ??? if i have to pick between the 2 <MFNX and XOXO>, i think <big think> MFNX has a better chance of climbing higher, IF <big if> the mkt doesnt collapse on its knees first <GGGG> !! yo dude, i got ditly squad in my port today; thus, i guess i can say this without any bias ... i feel uneasy about tomorrow !!! the only thing which will make me go long tomorrow, is either compx rebounds from the lower t/l @1943+/-, OR rebounds from the lower t/l of that infamous wedgie @1890+/- .... everything in between is the trading ranges <GGGGGGGGG> !!!

now, the reason i think MFNX is probably a better bet in the longer than a day basis becuz its rsi has broken its down trend in its daily chart, whereas XOXO has broken back down !!! i didnt look at the price chart cuz there's nothing to look at .... sh*t dude, it's flatliner .. LOLOL

re: EXDS - u know i already dumped 15K shares out ... unfortunately 1-2 days early .... but, i still hold 5K as a long termer !!!! heck, i dont even care if they file chpt 11 here, it's already paid for <GGGGGGGGG> !!!!

now it's a bit contradicting statement from what i see in the daily chart !!! XOXO, in the intraday basis, has broken out from its inverted H&S <if u believe in H&S> !!! however, if it drops below its neck line @1.68+/- tomorrow <chances are it may very well drop lower tomorrow since it already broke its lower trend line of the bear flag - trend line connecting the head to its rite shoulder>, i wouldnt touch it .. think it has more room <pricewise> to decline comparatively to MFNX !!! now, that MFNX is trading within the darn bearish rising wedge in the intraday basis !!!! it closed today near its lower t/l of the wedge ... if broken, it may not be pretty in the 1-2 days basis !!! the strong lower support ought to be @70 cents +/- !!! if that goes, looks pretty empty till the recent low @50 cents, dude !!!!

yawn .....

have a good nite, dude !!

regards and good luck,

auto
ps. yo at .. why dont ya look for something else to trade tomorrow, these 2 u mentioned seem like it could take more than 1-2 days to finish the down trending consolidation !!!! regardless of where compx is heading near term ... wanna short TMCS with me ???? yea .. that sh*t is a recommendation <GGGGGGGGG> !!!
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