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Strategies & Market Trends : Technical Analysis - Beginners

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To: Julius Wong who wrote (10856)	3/4/2000 5:35:00 PM
From: Mike McFarland	Read Replies (1) of 12039

Thread: I would like to get a read on the shareprice action in SNAP last week: quote.yahoo.com To the untrained eye, this looks bearish, higher in the morning and a steady trend down each day. But can this sort of pattern be a signal that there is shinanigans taking place. I do not know why anybody would bother to sell SNAP, when by nose smells an attractive buyout target in Synaptic. If the chart gives you fellas a whiff of something different, I'd like to hear about it. Also, where would you set a stop loss for shares bought at $13. I have not done well getting stopped out in the past, might be better to hold for a couple years if I have to--and I am in a position that I could do that. Thanks! Hey Julius, our paths cross again! I mentioned some Sector dogs in this post, middle paragraph--any of these look like they are ready to turn the corner? Message 13043359 I'll come back to the Fidelity Sector thread soon.

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