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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Tom McIlwain who wrote (2809)6/13/2001 12:29:04 AM
From: Davy Crockett  Respond to of 5144
 
By taking a position while the stock was consolidating under 3.25 you were assuming the break would be to the upside and it went the other way. True

excellent suggestion V My preference would be to wait for a breakout above $3.25 and then buy the first pullback provided it stays above (or quickly returns above) the $3.25 level. In other words, old resistance is now support.

Regards,
Peter



To: Tom McIlwain who wrote (2809)6/13/2001 4:04:28 PM
From: Davy Crockett  Respond to of 5144
 
Hi Tom,

Excellent example on that chart you posted SSSS

Thanks!
Peter