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Strategies & Market Trends : 123 Trends and Reversals -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (11)1/30/2001 11:51:35 AM
From: Michael Watkins  Read Replies (1) | Respond to of 147
 
2B top on intraday chart; would prefer to manage this on say a 65M chart than the daily due to the range swings.

(Its always been my feeling that the few tech stocks in Canada that move are dangerous because of all the focus on them. Nortel may be an exception, think you could make a living trading that and there is at least lots of volume)

First target 20EMA65 at 107; and then we can relook and determine if exist and stand aside or hold for a big move down makes more sense.

intelligentspeculator.com



To: Ally who wrote (11)1/30/2001 1:49:06 PM
From: Ally  Read Replies (1) | Respond to of 147
 
Re: RIM

Falling nicely! Moved my buy stop to $111.50 which will put this trade at worst at break even.


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