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Strategies & Market Trends : Technical Analysis - Beginners

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To: Ronald P. Margraf Sr. who wrote (11788)	4/6/2001 11:09:01 PM
From: TechTrader42	Read Replies (1) of 12039

MOT, incidentally, gave sell signals around 3/25, 26 and 27, based on candlesticks and various indicators. A target of 17 was mentioned by someone, and slightly below that would have been a good target, in hindsight. I hope anyone on this thread who got in managed to get out in time, before today's massacre. If they didn't get out in March, the low on 4/3 should have stopped them out, when it closed below support near 14 (and the Donchian channel moved down). I didn't even have it in a quote sheet anymore, and wasn't aware that it had taken a hit today until someone told me he was buying at around 11.5, and then 10.5. Lovely market these days.

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