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Non-Tech : BETT, BETT, BET Go for it. Others. FTET, GLOW, TTLN, SYD.V
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To: Fli-by who wrote (137)1/26/2000 8:52:00 PM
From: Ronald P. Margraf Sr.  Read Replies (1) of 144
 
Hi Fli,

Ah, this one is tricky. The program is exploding. Now I did get sell signals for the last 2 days but I have been working with a new chart. Trying to find that right combination of charts that can see the future.;-)))) Now if you believe that, I'll tell you another one. The future, huh, the audasity of him you say?;-))))) Like I said in the past, T/A sensitive. 2 sell signals, maybe a third, and then some profit taking. The trick here is how far back is back far enough. At this point in time I think the 90s are gone on this go around. Probably pull back to around 1.10-12. Looks like the first line. Maybe 1.20. At that point, I would probably get in before it moves back up. This will do that, big price swings until it peaks. This time around, maybe 2-2.25. Too early to say at this point in time. I think earnings is what is moving it first and news second.

The directionals and the RSI are my key indicators. Been starting to incorporate the Candle stick. But on this one you have to look for the early warning signs so I would use them all. Last year I wasn't this deep into the T/as. I was still green. Not that I'm not now but I am getting a better handle on them. Starting to see the big picture.;-)))) It took me almost all last year to see which ones to put together. This years group seems to be more accurate.

So to answer your question about the pull back, yes, how far, can't say for sure, but there will be some profit taking on the way to the top.;-))) Just like what happened to ECNC today. Profit taking. There is a lot of cheap money in FTET. Some as low as .48.

So Fli, hope this helps? Now I don't know if I would sell just yet? I think there is still alot of upside potential here.

Catcha on the upside,

Ron
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