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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (23036)12/21/2000 6:05:12 PM
From: in_cog_nito  Read Replies (1) | Respond to of 29382
 
Ken: RDRT out performed the Nasdaq, and that alone is a positive sign.

RDRT did not drop below $3 so there was no break of the $2.93 low set 11/30 or the $2.87 low set Thursday.
The $2.87 low set yesterday seems to have been just one small trade so it probably has no meaning.

The high for the day $3.68 was just pennies short of the 12/01 close of $3.75

Nice white candle and a reversal pattern in the works. Hopefully.

An Xmas rally either Friday or next Tuesday could help kick this stock back into an upward pattern.

If RDRT is traded correctly it can be very profitable, but I am still in hopes of a bit longer run up. Till then, day trading works pretty good.

If the stock start showing signs of moving up again, I will BUY average up again. That seemed to work out very well for me.

After the New Year we should start seeing some better gains.

ICN



To: Ken W who wrote (23036)12/22/2000 10:15:00 AM
From: Bocor  Respond to of 29382
 
50,000 block of RDRT just crossed above the ask...interesting