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Strategies & Market Trends : Three Amigos Stock Thread

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To: Phil Jacobson who wrote (8900)	9/19/1998 5:07:00 PM
From: Magnatizer	Read Replies (2) of 29382

Phil how do you know I don't charge commissions? Wait til you get your next CC statement. LOL Well, PNU could make a nice trading vehicle this week. I look for a pop to the low 50s (conservative). I am just going to watch for volume to enter. IF Monday is weak I will look for it to hold above 46 on the close. If so I will enter Tuesday morning. I expect it is going to start moving forward Monday and end its run Tuesday afternoon, Wed AM. The reason for the opinion is strictly a technical read. I call it long term near strong. Short term very strong. Broke through magnet overhead Friday on good volume and next overhead area is a magnet uptrend with a value of 51.75 on Monday. ht david BTW the R2K broke through a magnet downtrend Friday. I will hope it confirms this week by holding the breakout for 2-3 days. If so, it looks like it will have put its bottom in.

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