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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Valery Portnov who wrote (32958)12/9/1999 2:22:00 AM
From: Doug R  Read Replies (1) | Respond to of 79193
 
Hi Valery,

PSTA isn't going to 100 or anything like that. It's mostly a technical play on timing a rebound from being egregiously long-term oversold. If you entered low, pick a reasonable price target and take your profit. If you got in anywhere above 10 when it was still a "newsworthy" stock, take this move as an opportunity to cut losses.
7 1/8 would be pushing it IMO.

Doug R