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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: bruce-l who wrote (37377)10/27/2000 3:27:20 AM
From: Doug R  Read Replies (1) of 79429
 
Bruce,

STRM:

If 7.84 arrives in a timeframe that warrants profit taking...by all means do so.
I have a slightly higher view over more than a quick trade timeframe though so I'm actually thinking more in terms of 12 3/4. Not quite 14 1/4 but since 14 1/4 would be a technical target...my profit taking target does not attempt to squeeze a higher risk top out of the trade.

Doug R
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