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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (23038)	8/6/2001 9:54:23 AM
From: Zeev Hed	Respond to of 30051

yes, older boxes do count in determining support and resistance, and typically old significant tops serves as new significant support in my work, but the older they are, the lesser their "weight". By the way, I just sold the wo TARO positions just above $38.50, it breached the $36.5 earlier this morning and I used the recent bump to get out. A major loss on the early position at $43.60, and a minor loss on the doubling up at $38.98. C'est la vie... Zeev