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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: stan fisher who wrote (10836)6/26/1998 1:41:00 PM
From: Judy  Read Replies (1) of 42787
 
Stan, there is strong trading support at 100, but TBR has done two strong bounces off of it already. I seldom trade off the third bounce since that could be make or break, unless I was aware of certain fundamental events brewing and the market context will cooperate.

Having said that, if TBR does not violate 102 1/2 on an intraday basis during a market selloff, I'd say the risk/reward would be worth it for a nimble trader.

btw, I posted about TBR as an speculative investment on the Stock Swap thread a month or two ago.

Powerful stocks attract you, don't they? Shades of USRX.
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