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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (7547)1/29/1999 2:41:00 PM
From: Susan Saline  Read Replies (1) of 43080
 
>>> Yes, thats true, and three days ago it was 16, and the average high for the last two weeks is 9

smart alec... <<<

LOL

I look at risk vs. reward

currently 7.75

reward to 12 resistance
risk to 4 if that does not hold then 2 support at trendline

risk vs reward is
reward is 4 (at 12.00)
risk is 4 (at 4) then 6 (at 2 bucks)

4 day trend is down in a strong market

give it a good swift kick and it'll run!!
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