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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (17944)	12/2/2002 2:44:58 PM
From: Warpfactor	Read Replies (1) of 23153

KB, Well I for one have had to do some soul-searching since the summer and have dramatically changed my strategy. In past years, I was successful by taking large tech positions at extreme market oversold points. It had worked pretty well, although I'd sometimes have to go in the hole pretty deep before the payoff. Actually, one of my current strategies is still not far from that, but I use more patience and wait for my trigger levels to be tagged. And discipline is key as you state. Could use your help on this one - picked up ROOM on the double top breakout last week. Could you offer an exit strategy for this pattern?? Re: textbook TA, what would be my target price? stockcharts.com[d,a]dbclyyay[d20020102,20021228][pc20!c50!i][vc60][iLb4!Lb8!Lh14,3!Lc5]&pref=G I've nominally targeted 90 as a target. The range over the past year from 30-70. A 50% range move would project to 90. BTW - ROOM in ATH territory, hence no overhead resistance. Warp

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