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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (18848)	2/14/2000 8:19:00 PM
From: Ken W	Read Replies (1) of 29382

Sergio, "MXTR help with the charts" 207.61.23.98 Not a pretty sight Amigo. The break down and bounce off the 200 at 6 intraday tells a story. The traders are looking for the upside bounce to 7 where the 50day is running. Once the stock narrows down to 6 3/8 to 6 1/2 it will take an outside force (news) to drive it back over the 50. A break under the 200 at 6 will take it back to 5. If it breaks that 200 on volume I would short the stock so as to box your long position. Options? (puts) Ken

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