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: chowder who wrote (13335)	6/27/2008 2:54:38 PM
From: Libbyt	Read Replies (1) of 13449

Thanks Dabum for your explanation. When I mentioned CALM, I was referring to a stock with a very small float, and the long term chart. CALM may have enough liquidity to trade right now, but a year ago that wasn't the case. The same could be said for ROYL, which can be very thinly traded at times. (I don't own a position in either of these companies, but I have traded and owned them in the past.) I do see your point of not being biased by the fundamentals of a company, and just looking at a chart. Thanks for your charts and your explanation of why you feel a stock might be in a trend either long or short. I'm off for the weekend to go to a wedding in the Napa valley. Have a great weekend!

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