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Non-Tech : E*Trade (NYSE:ET)
ET 16.71+1.6%Nov 10 3:59 PM EST

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To: Dalin who wrote (7068)6/13/1999 4:05:00 AM
From: Teresa Lo  Read Replies (1) of 13953
 
TA is looking at support and resistance. At this point, EGRP is pointing down, with real support at $30, and a target of $28, using the triangle measurement formula. Using TA, one would have been short (or at least sell long positions) on break at $48.50 and at this point, would be waiting to see if $35 can hold, and if it can, then close out the short, if not, then wait to see at $30 and so on.
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