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Pastimes : ASK Vendit Off Topic Questions

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To: Walkingshadow who wrote (18770)2/3/2001 12:17:41 AM
From: rx4pain  Read Replies (2) of 19374
 
WS-Looking at AMSC, the 13-7-7 and 15-5-5 look very similar to me, the 15-5-5 appearing more oversold. The 5-3-3 on the other hand seems to indicate that more downside is possible, 1 more down day-maybe 2 or a reversal on the second day. In either case, taking a long position on Monday afternoon would probably provide a profitable entry.

Getting back to RIMM, the 5-3-3 tells me to strongly consider closing a short position. 50% profitable on the puts I bought, after you brought it to our attention just a couple days ago. Thank you very much.

PFE looks to be setting up for a nice short trade. Though the range is only about 10%-strong support in the 40-41 area.

askresearch.com
Rx

PS: I am learning alot and very much appreciate your lesson here on stochastics. I love the 15-5-5 entry 5-3-3 sell. That completely suits my "not be a pig" investing style.
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