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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (118118)8/23/2001 9:51:05 PM
From: Perspective  Read Replies (2) of 436258
 
Alert: MVSN excellent target. Retesting recent breakdown at $50, bumped its head twice from beneath. This is a very well defined trade, excellent risk/reward. If it gets above 50 in any significant way, you are stopped out. If it breaks down, it's headed back to 40 quickly. It's better than a 50% chance of the downward outcome given the breakdown in progress (note the huge failure at $50 recently), and you can comfortably set a stop loss at no worse than a $2 loss vs. $10 potential gain.

stockcharts.com[w,a]daclyymy[pb50!b200][vc60][iUb14!La12,26,9]

If there's short-covering in the AM, lend a hand and offer to take this short over from some frightened bear, at the right entry price of course. <g>

PS Also note the enormous air pocket underneath NETE. It may be gut-check time for NETE bulls in the very near future.

stockcharts.com[w,a]waclyymy[pb50!b200][vc60][iUb14!La12,26,9]

BC
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