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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?


To: sean sanders who wrote (168)7/13/1999 6:05:00 PM
From: Casaubon  Read Replies (1) | Respond to of 967
 
thanks. Yes, long term (except I'm now looking to go to cash because of Y2K). Your analysis is definately on par with my thinking. I have been trying to incorporate volume into my analysis. So far, the result has been weak. Also, I've been trying to time a trade with newly acquired charting skills, and the stock just seems to keep climbing on anemic volume. Still have 775 shares and 10 OCT 20 calls. Decent timing on the calls (purchased in early may), but I knew VRTX bottomed the day it put in that bullish hammer-like counter-attack line later in may (on 200K+ shares).

I like the idea of this thread. It's a think tank for stock picking and trend analysis. We have to use this kind of a cooperative effort, if we're going to stand a chance against the big boys.



To: sean sanders who wrote (168)7/15/1999 9:57:00 AM
From: HairBall  Read Replies (2) | Respond to of 967
 
sean sanders: I just dropped over to your thread. I just looked at the linked chart and I have a little friendly advice (Of course, in my opinion...<g>) You need to tighten up your trend lines.

One needs to pay close attention to placement of the trend lines using exact highs and lows as connecting points.

Regards,
LG