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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (38334)12/18/2000 4:14:07 PM
From: rocklobster  Read Replies (1) | Respond to of 42787
 
thats good right?...LOL... that puts us in a trading range of 2500 3000 with a breakout above>? these rising wedges usually break in the direction of the wedgie angle right.. ? In this case up right.? Just wondering...I'm not much of a technical analyst, and just trying to learn ..

rok



To: Paul Shread who wrote (38334)12/18/2000 4:35:38 PM
From: JRI  Read Replies (1) | Respond to of 42787
 
I sold every thing at the close....a bit worried about getting so close to technical levels... was that a mistake in your opinion or would you have suggested holding overnite?

My concern being...we could gap down/thru the bottom of triangle...which would negate it (no?)...

I was suprised that we got no heavier buying in 2nd half of day...close looked like short-covering to me...


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