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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (7472)	4/6/2005 7:52:11 PM
From: Walkingshadow	of 8752

ChickenDude's behind the barn already choking chickens.... Even though RNWK did indeed move down about 1.5% today, I am not convinced it will fall that far... it persistently kept challenging the intraday moving averages, and was not going to just keel over and play dead. And on the the daily chart, there is a reversal candle, leaving open the possibility that RNWK could reverse to the upside sooner rather than later: 139.142.147.218 Most likely, RNWK will test the lower BB rail and bounce off that, but I wouldn't be surprised to see it just skip that formality and reverse before it got there. This will make a good long trade, but the entry will not be as straightforward as usual. T

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