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To: Challo Jeregy who wrote (21962)8/18/1999 3:58:00 PM
From: dennis michael patterson  Respond to of 42787
 
ight. Lower top Monday. But remember: it's all plus or minus a day!



To: Challo Jeregy who wrote (21962)8/20/1999 9:00:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
i saw you doing CAMP... just wanted to point out a couple things:

first, draw a trendline connecting the 2 highs (4/19/99, 7/20/99)
pretty obvious.

i bought on breakout from that trendline at 10 3/4.

even though i sold at 12 1/8, i should have done 2 things:

1) create a parallel trendline from the 11/30/98 highs and extend. that would have pegged at 13.00

2) i did a FIB extension from the 7.4 to 9.5 range. the 2.68 ratio gave me a price tgt of 12.65.

---
summary: just wanted to show some techniques that TA can offer to help you trade. will attempt to re-enter next week.



To: Challo Jeregy who wrote (21962)8/20/1999 9:02:00 PM
From: Chris  Respond to of 42787
 
one more fib range:

use the fib pivots from 1.7 to 5.887. 2.61 ratio would be around 12 1/4.

again, just general price targets, and then use intraday charts to refine exit point further.

dont' forget to look at chart data into 1996.. many fail to look at previous historical data.