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Strategies & Market Trends : Three Amigos Stock Thread

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To: Instock who wrote (7572)8/7/1998 8:41:00 PM
From: Magnatizer   of 29382
 
Scott

after your recent calls I was sure to track FINL today. Though i have yet to enter Monday may be a good time to join the fun.

Magnet support and resistance: 12.4375, 13.50-13.40 downtrend, 15.875, 19.3125, 21.50-21.75 uptrend, 22.75, 25.25

Long term neutral. Short term neutral. Weekly signal: sell.

I was hoping todays action would strengthen the short term indicators but it really had little effect. I still like it to upper 15s just based on the magnet read. That is assuming we have the market to support such a move. Still very leary.

ht
david
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