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


To: Rich1 who wrote (40995)6/22/2000 12:11:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
good grub



To: Rich1 who wrote (40995)6/22/2000 12:17:00 PM
From: Ms. X  Read Replies (1) | Respond to of 63513
 
Did you notice DWA has the Price objective calculated (as well as the Risk Reward) on the top of the chart?

Hard to tell. The count comes from the column of X's that we are in right now. From today's move the count has moved from 74 (as registered by DWA) to 85. That would put it right at the BRL and top of the trading band. Also, that is the next area of resistance besides the BRL. That's heavy resistance and a huge gap to fill. Doubtful it does it in one full swoop but...
I expect it to pullback before it completes the PO. However, the PO may change if this column of X's continue.

I have it in mind though that it will pull back here completing the column and that the PO will be 85 for now. My guess if I'm allowed one.

Then again, it could run right to 85 pissing Jorj off something fierce.