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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (6128)12/16/2004 7:04:30 PM
From: Galirayo  Read Replies (1) of 23958
 
Sergio, OK .. I could use some direction here.

Have a moment?

I'm looking over some of the picks I made for the Folio.

Let's go with FOSL for Minus $400.

I heard you say you didn't like it. I don't have access to a GANN Fan at this point but [ if I still have my correct glasses on ] I'm looking at FOSL as being on Support on a FIB Retracement and also a Trend line near $25. I don't want to hold it very much lower than support on the line. You don't by chance have access to a Gann Fan do you? Next Fan Line may be dramatic. Up, Down , Sideways?

bigcharts.marketwatch.com

I'd also like OI for +143.00.

I looked at OI today and the candle pattern was worse intraday than at EOD. Earlier it showed something close to a ST Top. A Tweezer Top with a Real Reversal Candle today in the form of a Doji but it turned into a spinning top which is continuation of the UpTrend. Formation remains just not as bad as intraday and it's not the "By The Book" description. And it's a nice Trend. A bit Fast but a Nice trend.

hotcandlestick.com

How would you play these in the Folio with the Holidays here?

TIA,

Ray
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