Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: freechina who wrote (6004)	11/1/2005 9:20:16 AM
From: chowder	Read Replies (2) of 13449

I own PTF and will be selling it today. It looks like your site agrees with my analysis of RESP. They say sell or avoid a long position if price should drop below the pattern. Go long - if. This is what they say if price moves up today. LEND looks like it is going to gap up at the open. There are 3 scenario's one could apply. 1. Buy immediately. 2. Wait 5 minutes and buy above the 5 minute high. 3. Wait 30 minutes and buy above the 30 minute high. Determining the stop loss point is a little tougher. One's time frame for holding the position would determine how much room to give it. dabum

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