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Strategies & Market Trends : today's chart

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To: F Robert Simms who wrote (559)9/10/1997 10:27:00 PM
From: Bill Sandusky   of 1267
 
Bob,

You did the right thing to trust the system (should have done that myself). For the record, I bought SOCR on 9/4 @9.875 during the runup. Was just a tad late on pulling the trigger. Decided to hold for test of upper regression line channel at $9.84. So far, it hasn't cost me any money. SOCR successfully tested 9.875 today and closed at 10.125. Expecting considerable resistance till past 11 but then a chance to move higher. I'm hanging on with bated breath and finger on trigger. Trying my best to give them a chance to run while maintaining strict money management.

Good trading,
Bill
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