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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: eichler who wrote (77497)5/28/2001 5:09:20 PM
From: eichler  Read Replies (1) of 99985
 
As I have been raving on and on about the penny stock breakouts...I thought I'd mention 3 different breakouts just starting found as suggestions on various threads and/or from my screener: (all three I am providing fib retracement targets
from the Jan highs to the Apr/May lows)
DALN 38-1.81, 50-2.06, 62-2.37
RTRN 38- .50, 50- .62, 62- .75
DWCH 38- .84, 50- .96, 62-1.05
The smallest potential gain from current price (Fri. close) to 1st target (38% fib retrace) is 29%.
These are NOT long term plays, I make no statement regarding the future prospects of the companies, explicit or implicit. I only play the charts themselves, no fundamental considerations or personal bias.
For your amusement. Not a recommendation to buy or sell...
Best Regards,
Eichler
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