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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (1100)9/8/1998 3:55:00 PM
From: Dave  Read Replies (1) of 7247
 
Tim,

PETM spiked a high early this am on volume and then fell back, bouncing down off 6 1/2 all day. Do you see this as a resistance point or is it just my imagination? Seems if it breaks through, could run up another 10% or so tomorrow if the market keeps heading north. I am feeling some confidence about tomorrow based on the late runup today.

Nice article, BTW!

Regards,

Dave
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