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Strategies & Market Trends : LastShadow's Position Trading
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To: Susan Saline who wrote (35476)5/23/2000 9:29:00 PM
From: Daveyk  Read Replies (1) of 43080
 
Of the two CMS has the best chart.17.5 would be your sell stop with a price objective of 31.Entry on any pullback looks OK on this one.DTE has a PO of 45 but would have to get thru the bearish resistance at 38 first.It's sell stop would be 28 so you would have to assess the risk reward from there as far as entry.If you're serious about utilities I'll look for better candidates from the PnF view.I only use PnF for support and resistance and of course for sell stops for the most part.Stochastics,macd,MA's,RS,AD, money flows etc help alot.
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