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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (2313)	11/26/2004 9:53:40 PM
From: Vendit™	Read Replies (2) of 8752

Terry, I just did an eye-ball analysis on SPDV. A very nice trading stock that you have posted, thank you sir. Please take a look at the revised chart below. 139.142.147.218 I ran the chart out 12-months, and jacked the stochastic setting to 5-3-3. Bear in mind that a 5-3-3 setting can hang for several weeks or more in the “sell zone” but I placed that parameter on the chart to demo the chart in its true over-bought environment as you stated. Next, please note that we definitely have a general “uptrend” when viewing SPDV in a 12-month time frame. Draw the upper and lower trend lines in your mind. The upper target is about…. $2.60 (pushing the upper BB band=bullish). The lower trend line is about $1.80. (one year) Best bet, as you said: take the money and run. <gg> Reid

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