Have a look at the Stockhouse board, seems to be a $20 crowd growing.
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svignola
MCF Strategy SELL Order to 20.00 $$$$$
5/27/99 9:45:04 PM
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Hi everyone,
Everybody knowns that MCF is:
- a Great cie
- Has a good management
- Is underevaluded
- and so on...
As I said earlier base on the Elliot wave technic
T:
- The first wave start at 1.50 $ finish at 12.00 $
- The second were following by 3 sub waves completed at 5.20 today.
Now. the third wave is started and all the buy indicators are open.
What will be the next target price?
The second wave has corrected the price at 50 %
(12.00 - 1.50) / 50 % = 5.25 $
On the Elliot wave, the third wave will ride up in extension until 161 % from the first wave rided up.
(12.00 - 1.50) * 161 = 16.90 $, Add this amount to 5.25, you have , 27.40 $$$$
Sounds good , Great benefit.
Now what is the stategy I would recommend.
1) We have 3 days to make our cash
2) There some resistances on chart at 7.16, 9.60 and a strong one 12.00 $$
3) There are a lot of people who placed a sell order at 20.00 this afternoon. What happened, The brokers saw these orders
and think, something is happening.
4) Imagine the brokers on TSE receiving the sell orders at 20.00 $$$ Panic mode guys for them.
5) The right price for stock is 20.00 $$
6) How many guys on this forum (Around 300), Imagine 300 people posting a sell orders at 20.00 $$. What do you thing it is
going to... 300 people with an average of 2000 shares = 600,000 shares. What do you thing it is going to....
7) We are the MCF shareholders and we going to decide at which price this stock will be traded not the market.
8) For all of these reason, I strongly recommand to post a sell order at 20.00 $$$ by each of you on this board and the market
will follow. Do not miss this trade
Any guys being agreed with this strategy , do a reply.
Thanks to all of you and GO GO MCF GO GO
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