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Strategies & Market Trends : Charts for Quick CASH $$$

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To: N/E PATSFAN who wrote (5012)11/12/1997 2:02:00 AM
From: Galirayo  Read Replies (1) of 9262
 
Hi, Nepf.

I looked at both charts for SYSF and ALSC. Not either for me.

The 1st thing I look at is the 50DMA. If it's up .. Step 2. If it's down. Nope.

I like an Up 50DMA unless it's made a Base and is ready to reverse. Those have no solid base yet. SYSF is starting. ALSC .. Spooky.

The 50 will go flat or be tested a few times before it turns to an up.

But, if you just do a really quick day trade ... it's your call there.
SYSF would be the better choice. The 50 is more flat.

Ray
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