Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

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To: Dr. Stoxx who wrote (6933)	5/9/2000 3:51:00 PM
From: Mark Z	Read Replies (1) of 39683

YHOO definitely has huge runups and gaps but if you look at the chart with 5/8 daily MAs, it seems to fit the bill. Its approaching a bullish crossover at this point. YHOO is as volatile as BVSN so if BVSN is 'tolerable', YHOO may be as well. You'd be surprised how much income trading 100 or even 50 shares of YHOO can generate. I played it from 120 to 130 (and back) several times the past month or so but that was using 'resistance and support' rather than MA crossovers.

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