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Strategies & Market Trends : Rande Is . . . HOME

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To: HandsOn who wrote (11038)	8/19/1999 3:34:00 PM
From: Kevin Shea	Read Replies (1) of 57584

HO ... PETM... you may have something there for bottom fishing .. yes you do have a potential double bottom (you'll only find out later) floor looks to be 4.75... yet the trend is still down.... matches weekly bottom in 1998. so the likelihood of a "real" bottom is increased... another "give away" is the SAM volume ...like WOW....IMO it could see a pop to 6-6.25 before testing the bottom again... I get only one daily signal that offers a reversal signal.... My guess, you have found a bottom but it will likely remain there for a while Best entry might be a buy stop above the previous day high. IMO What happened, did it miss a qtr??

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