The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (66268)	10/23/1999 9:40:00 AM
From: stan s.	Read Replies (3) of 90042

I notice DIGL had a 2 1/2 (20+%) point move on Thursday. This is an oversight I'm making too much lately...not watching these cheapos after they make the initial break of resistance and test new highs. This was a classic example of dropping back to test the newly formed point of support (I get bored in the interim but a PnF dream) and then the move back to test the new highs. Problem is I'm getting off track looking for stocks always breaking....whereas testing support and holding after the initial break is every bit as viable a play....perhaps more so. Position trades as the TA plays out...supposedly my forte!! Okay I'm blathering...lol Stan

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