The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (11632)	2/1/1998 12:40:00 PM
From: Michael L.	Read Replies (1) of 79243

<I am interested in your opinion of this: Message 3307883 > Doug, I understand the excitement of people on the tread about this company. I am trying not to get emotionally envolved with any company. I understand that people expect a very nice performance but when I see a nice profit that may disappear, I am taking it. If the company is good I will be back. In this particular situation I got miserable profit, because I got in late. So, I was staying. Price started to go down and I became nervous. I would be out if it broke support in despite any comments on the thread. I am trying to cut losses shorter and shorter. After retesting, the situation on the chart is getting better and better. It has a very nice potential. If it breaks through 2.5 on volume I will increase my position heavily. As I understand, next stop will be 2.75 and then I see nothing up around 4. It should move soon, because support line is moving very close. Otherwise, it will violate support and lose momentum for awhile. In this situation I will be out until better time. Michael

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