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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Dennis K. Showers who wrote (17575)4/24/2006 10:45:31 AM
From: Ken W  Read Replies (2) of 23958
 
Dennis

Welcome to our little endeavor! LOL

I would agree with your assesment of RTK as I posted on Fri.

However, I do see a couple of trading ops on the way down to what should be pretty solid support, but keep in mind these would not be for someone with a 9 to 5 job. They are quick and set for a hair trigger.

4.31 back to 4.55ish..3.95 back to 4.30ish...then back in at 3.95 to 4.00...hold these as the stock is on track for a 13dEMA cross over a simple 50dMA...and a contiuation of the longer term uptrend that you spoke of.

I don't see the stock going back to the low 3's unless something really bad comes along. Even in that event there should be some solid support at 3.30ish.

Ken
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