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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Kelvin Taylor who wrote (47624)4/8/2003 11:45:48 AM
From: Nemer  Read Replies (2) of 53068
 
Six LTBH equities recco by KT

never let it be said that this oldbaldfatdummy has ONLY short term outlook ...

tell you what ...

do this ... do NOT deviate from this ... and Larry will guarantee the return ...
but ... this WILL perform, and I share it with you at no cost, and at considerable effort on my part, but, as a sharing of my ability for the Zthread ..
and, I'm patiently awaiting a call from the dentist for the FINAL work on my abscessed tooth until two months from now when I'll get my first bridge ever ..

pull up Daily charts on these six
and draw a SINGLE LINE from two points I'll give for each equity and extend it into the future ...

the FIRST point will be a finite price that the equity did hit in the past on the date I specify
but
the SECOND point could be an imaginary price that has nothing to do with the price TODAY, but for the sake of plotting the line will be a finite price on the 60min chart

this second point does have some important bearing on the line, but I don't want to go into a lengthy explanation .. so .. trust me ... just make a mark on the chart UNDER the today location at THAT price .. even tho it hasn't visited there today .. or .. maybe even not in a long time ....

buy NOW is fine ...
BUT
bail out if/when it falls beneath this line ....
don't look back .. SELL THEN


should a profit situation arise, as it most likely will fairly quickly on these equities,

selling at a price where the line is penetrated will allow for some fall in price, but, yet given a LTBH outlook which you've selected should generate a profit whilst limiting a loss ....
and, indeed, the profit "could run" the whole five years .....
I doubt it, but it could ....

now, to the individuals you mentioned ...

but, before I do ...
do YOU or anyone have any questions
concerning how to draw this line
?

I'll post an answer before I post the lines ...

or, if nobody is interested, I'll not post the lines ... ok?
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