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Strategies & Market Trends : Stochastics
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To: sammy levy who wrote (213)2/19/1998 4:24:00 PM
From: Wayners  Read Replies (3) of 927
 
Wow you did very well. Remember, you found WTT--not me. You are the one that deserves the credit. Early last summer I used to look solely for charts that looked like WTT with the long basing pattern on decreasing volume. I found APM back then and had to wait about a month for it to pop. Went from $22.50 to $35 in just a few days. Most I'd ever made on a single trade. Usually when you play these types of patterns you end up waiting a long time for the break. In your case you were very lucky to only have to wait a few days tops. I looked at the chart after the close today. There's no indication to me that today was the top. I think you could have squeezed some more out of it. Hope you have another play in mind to roll your profits into. Again, well done.
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