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

To: Bocor who wrote (23914)	2/21/2001 9:53:16 AM
From: Magnatizer	Read Replies (2) \| Respond to of 29382

Bocor If I were looking to enter RDRT long I would be very selective and wait for the lower 6s trendline test. A few reasons for being selective and cautious here: 1) Nasdaq market on the "edge" and could go over the cliff 2) Sox in similar situation 3) In addition to the magnet pull below there is a gap left to fill in the mid 4 area. Pattern read on RDRT suggests it will find a bottom at the low-mid 6s, bounce to low 8s and then dive to fill the gap. This would complete a three drive to a bottom pattern. On that gap fill please bring RDRT up again (if/when)... if you catch it. I have a habit of missing good entries. :) ht Mag