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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Darth Trader who wrote (765)11/2/1997 10:33:00 PM
From: GeneM   of 12617
 
Darth: Exactly. I can see at least 3 or 4 entry points since the middle of May. Definitely in early Sept. Recently, however, the 5 day MA has crossed under the 10 day MA. I would draw a trend line with channels, watch for a pullback to the bottom of the channel, and, if the 50 day MA stays positive, as soon as the 5 crosses over the 10 I would look for a day play, hoping to capture the width of the channel.

GeneM
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