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

To: Susan Saline who wrote (25109)	11/17/1999 2:16:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 43080

it's gonna break..... HIFN????

To: Susan Saline who wrote (25109)	11/17/1999 2:25:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 43080

ISLD holding.....champagne open...VERY good!<g>

To: Susan Saline who wrote (25109)	11/17/1999 11:21:00 PM
From: AlienTech	Respond to of 43080

How come you dont sweet talk us with things like this guy? INIT trading channel saga continues: anyway, today was a wild ride !! the price went ALL the way down to the MAX <the lowest value before the uptrend is broken>. touched the lower band of the uptrend channel, and bounced rite back up. very impressive, indeed. by the way, today's resistances on the lower trading band was between 15 1/2 and 15 7/8 <lower value at the open, and higher one at the close> they <whoever they are> really are manipulating this thing by the book ! oh, and for those that read my AMATEUR TA last nite, i mentioned another steeper uptrend line WITHIN the uptrend trading bands. it's broken and gone !! <G> SUPPORTS: 1) the short term downtrend line, that we broke out today during the last 2 hours of trading, soft support @17+/- 1/8 2) the lower band of the uptrend line channel between 15 7/8 and 16 1/8 . again, the lower price is in the morning, and the higher is at the close. please note that these 15 7/8 - 16 1/8 are the maximum value. we CANNOT trade below those prices, or otherwise this uptrend is broken !!!! RESISTANCES: 1) the overhead resistance @18 5/8 becomes our short term double top today. 2) the upper trading band resistances between 20 1/8 - 20 3/8 <same concept, morning/close> if we break and close above these upper trading band, we then should get a soft resistance @21+/- ; the important thing to look for is volume. if the volume is high during the time it breaks the upper band, it's the party time <BREAKOUT> !! 3) the top resistance @23.25+/- 4) like owl used to say, it's the unchart territory !!!! <G> regards, autox