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Politics : Idea Of The Day

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To: Judy who wrote (14010)11/12/1997 5:04:00 PM
From: MonsieurGonzo  Read Replies (1) of 50167
 
Hi, Judy

Lu's right at the bottom of the trading range she created at the beginning of July, as of today's close. The crash took her down to that 70~75 level, else next support looks like ~60; so I agree completely with your read of LU. Thanks for your help.

No, Judy - I do not use fibonnaci retracements. I draw trend lines and support levels (on charts that I capture from the web) with a ruler; and recently I've become enamoured with Japanese Candlesticks. I tend to focus on a few issues and trade them over and over, keeping profits (when they occur) as investment positions. Only this year have I begun to use options.

RMBS... well, 43 looks like a good entry point {grin} but after that, it looks like the next area is that trading range, 27~35 ? (not really familiar with him, Judy).

Paris - the market opens at 15.30 in Paris and closes at 22.00 CET. I usually get up between 10.00 and noon, have lunch at the Cherchez Midi or Vieux-Colombier caf‚, and jack in to le r‚seau about 15.00 or so. Where do you live, Judy ?

TXN has my attention right now; comments appreciated.

-Steve
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