Charts With An Attitude; Trading In & Out Message Board

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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Linda Kaplan who wrote (3679)	11/13/1997 9:51:00 AM
From: Esteban	Read Replies (1) of 4701

That's the idea, Linda. Although I think more likely values would be 5 entry, 7 target, 4 stop loss. I'd use Doug's SHORT term target. The 4 value would be adjusted slightly higher or lower to take advantage of any technical support nearby. I've noticed that many of the stocks with an attitude are a long way from support levels, part of their attitude make up I suppose. I'm considering using this as a filter for POWs I will choose to pile on board with. If support is further away than the 2/1 reward to risk ratio, I might just pass. E

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