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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Dana Johnson who wrote (15352)1/20/2000 2:49:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Dana,
I am not the best person to ask about POs because I play the momo up to resistance points (or down to support). With that, I would be getting out at $10.5. The horizontal count is pretty good (Just from an eyeballin') and you have the makings of a catapult, so the reward looks nice and the risk looks low.



To: Dana Johnson who wrote (15352)1/20/2000 6:38:00 AM
From: Don Pueblo  Respond to of 63513
 
8 7/8 on the long term chart, not based on P&F, and not based on the May high, (which will obviously be a psychological barrier). Long term holders that have a stock tank and recover tend to blow out in disgust when it comes back close to where they got in. Shorts will panic at 7. Could be today.


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