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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Sam Raven who wrote (22345)	9/25/1999 10:11:00 PM
From: Jeff Jordan	Read Replies (2) \| Respond to of 43080

RCCC bigcharts.com BULLISH • Probability - Short term strong pullback, pullback may start to slow. BEARISH • Probability - Intermediate trend possibly bearish, excessive uptrend, unsustainable, trend to turn sideways. • Confirmation - Strong bearish 3 day chart pattern. • Probability - Excessive Up trend (1 month), not sustainable, occurs only 5% of the time, expect trend to turn sideways or lower UPSIDE TRADE • Current Target 1: 41.78, +5.1% • Stop Limit/Trailing Stop Limit: 36.06, -9.3% DOWNSIDE TRADE • Current Target 1: 36.08, -9.2% • Cover Limit/Trailing Cover Limit: 44.74, +12.6% Next Support Below : - 18.6% at 32.4 • Next Resistance Above : + 11.4% at 44.3 PR bigcharts.com BULLISH • Probability - Intermediate trend bullish, strong uptrend! BEARISH • Confirmation - Mild bearish 3 day chart pattern with Good distribution. • Confirmation UPSIDE TRADE • Current Target 1: 26.41, +14.5% • Stop Limit/Trailing Stop Limit: 21.91, -5% Watch for POSSIBLE breakout above 24.62, no resistance in area just above. Target: 28.9, +25.1% DOWNSIDE TRADE • Current Target 1: 17.93, -22.2% • Cover Limit/Trailing Cover Limit: 24.98, +8.3% • At the current stock price a typical rally/pullback of 5.85 points(25.4% move) occurs 25% of the time. • An extreme rally/pullback of 7.6 points(33% move) occurs 5% of the time. PRICE : 23.06, -0.69 pts (-2.91%) At resistance, at 23.5, STOP LIMIT : - 5%, at 21.91 NEXT SUP : - 4.9%, at 21.9, SHORT TARGET 1 : - 22.2%, at 17.93