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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (5314)10/27/1999 4:06:00 PM
From: incomep  Read Replies (1) | Respond to of 39683
 
Mr. Carr: It was down $1/2 this morning when I sent you the chart. Now it is up for almost $1/2. The rising wedge is even sharper. From chart, can you see when the wedge is going to be resolved for us to catch the coming free fall. 40% gain is what I am looking for based on the earning report. Distribution is really going on here by looking the 5 days trading volume (a 100K shares were distributed two days ago and today)
timely.com
IP



To: Dr. Stoxx who wrote (5314)10/27/1999 4:07:00 PM
From: incomep  Respond to of 39683
 
[Shorting based on fundamentals
is a difficult game to play, IMO.]
You are absolutely right in this market.