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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (357)12/13/2000 11:28:54 AM
From: bobby is sleepless in seattle  Respond to of 5732
 
beas...

yesterday, mentioned 68 as Waldo play...this is based on daily chart showing lower bounce area.

and we know the piercing action as buyers/sellers typically congregate with orders at points of pivot.

I also menitoned that a breach of 69 would provide for short opp at least to 66...

so, there is some ambiguity with 68-69 area and this could be a wide margin of error depending on one's trading philosophy...with this in mind, don't mind hearing the opinions of interpretation as i'd like to tighten down the verbage.

anywawy, if 64 taken out,, possible to see 59 on the downside...if the market rallies, back to muscle memory.

here's the link to chart from sunday...difficulty getting to site of late, so...

sites.netscape.net



To: Susan G who wrote (357)12/13/2000 1:25:45 PM
From: Connor26  Respond to of 5732
 
Susan (& SF) - are you playing BEAS here at 65 1/2 ??? - if not, where would you begin to play it? thanks, C26