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


To: Casaubon who wrote (218)7/19/1999 10:28:00 PM
From: sean sanders  Read Replies (1) | Respond to of 967
 
Be interesting to see how SCH pans out ...
In regards to AMZN ... it does look like a bearish wedge; I am fairly near to looking at wedges; those and cup n handles I need to get more familiar with. I don't feel that confident at playing a wedge unless I were to play it after it jumped out of it.
ie if I played it while inside of it it might just go higher then it was previouly.

I thought LAF was going to be some kind of bullish wedge and I almost was going to play it today (going long) but that strategy might now be a good idea; seems better to wait until the breakout. ie especially seeing how it went down more today.

Sean



To: Casaubon who wrote (218)7/19/1999 11:00:00 PM
From: sean sanders  Read Replies (1) | Respond to of 967
 
I've been watching PPD for the past 2 weeks; thinking it would break then. Today it gapped up and broke. Where's that buy stop when I needed it; all the other times I place buy stops it does a upper wick on me and drops back down (not really but it seems that way).

I think it has till 35 ...

geocities.com

What do you think?

Sean