Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: coferspeculator who wrote (140)	7/16/2004 6:44:47 AM
From: coferspeculator	Read Replies (2) of 14340

Watch List Stocks-Activity for July 15 This is one of several stocks mentioned on Todays Watch List VAR-Mentioned in June 16ths report, this one has exceeded the $68 target and is experiencing a potential PS or SC at this time. It is likely the former since there isn't evidence of a PS at this moment. In the 6/16 report it was suggested that there were additional lower targets. The next target from the LPSY at $88 is $64. This is confirmed by a target of $63 from a count taken from one of several phases at the LPSY of $84. This would be the first area to suggest a SC and should be watched. Positions taken during the last days of June or early July have resulted in profits of over 15%. There are additional phases from the $84 level offering targets from the highs indicating $59 and from the level itself showing $51. Since VAR is now touching the oversold line of the channels drawn from the highs of the year a rally is expected.

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