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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (4753)	12/28/1999 6:30:00 PM
From: Dnorman	Read Replies (1) \| Respond to of 5843

Peter: I am just starting to learn TA and I was curious what TA indicator you use that tells you support is 120 to 124? Thanks in advance Dennis

To: fut_trade who wrote (4753)	12/29/1999 5:37:00 PM
From: Tony Wang	Read Replies (1) \| Respond to of 5843

I understand the style of momentum trading. It is just not my bag, so to speak. Waiting for the market to go up or down 65 pts. to get confirmation just seem to me a low reward trade. The meat of the down trade is over with, in my estimation. To short the stock at 119, (when and if it gets there) will be trading for pidgeon shit. Unless, you think 2 closes below 120 on high volume will reduce further the market capitalization of RNWK of at least 50% more... I traded bond contracts for 15 years. Support and resistance don't always work. The falling knife market will kill any support level; the purple headed upside breakout will take out any resistance. We just don't know. If you do, maybe that's why you get paid the big bucks.