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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (4001)1/20/1998 7:46:00 PM
From: Saulamanca   of 7396
 
Strong day to breakout of the triangle pattern on the Nasdaq. Let's see how it handles the downtrend line from the other side.
Sold GIFI at 19 3/4 expecting a pullback at 20 1/8, which is resistance from it's double bottom on 12/1 and Gann-retracement from the 12/9 peak. When it broke thru I rebought at 20 1/4. Also broke it's downtrend from Oct.

BEAS keeps ticking.

Mark, a little closer to that perfect world.

Jim
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