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Strategies & Market Trends : MDGF - Market Direction by Gut Feel ONLY!

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To: Tunica Albuginea who wrote (381)7/1/2000 5:05:15 PM
From: Stcgg   of 410
 
Tunica - Conseco (CNC)..

Short term - Declining up volume; extremely overbot with extreme moneyflow indicating a pullback in-play (imminent)..

Medium term - Bullish clip formation, would want to buy the pullback (nasty gap from 6/27-28 @ $6 9/16 - $6 7/8), but it's also support area.. Resistance around $12..

Longer term - If the stock can rise above $36, maybe a new high.. I would hold through the seasonable bull market and sell around March after the 5th wave played out..

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