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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: charles messick who wrote (40239)	12/3/2001 12:48:18 AM
From: Doug R	Respond to of 79284

Hi Chuck, I held ARQL in 2 accounts. One is for quicker trading and the other is for slightly more patient holds. In the quicker account I sold in order to enter INHL. Since the ARQL exit it has gained about another 8% while INHL has gained just over 12% so far. It was a matter of seeing a larger % potential in INHL over holding ARQL. In the more patient account I sold 60% of ARQL at 12.70 in order to begin a somewhat patient position in GLW. A targeting technique I use showed ARQL was hitting stiff resistance in the upper 12s. Without going into detail, the resistance line goes from the low on 10/30 to the high on 11/8. If price breaks over that line it could get to around 15 in a week or 2. hope that helps, Doug R

To: charles messick who wrote (40239)	12/3/2001 12:48:18 AM
From: Doug R	Read Replies (3) \| Respond to of 79284

Chuck, One other thing...I had done pretty much the same thing with CANI just prior to ARQL. Sold CANI a bit early to buy ARQL. I'll be watching quite a few stocks early this week to do the same thing with any of my current positions in INHL, CLGY, DSGX or SIGM. If any of those 4 get weak I'll exit or if any of them continue significantly I'll take the profit if I see a larger % potential and lower risk in another stock than what I would have if I hold. Doug R