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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (9936)3/25/2002 12:23:01 PM
From: Davy Crockett  Read Replies (1) | Respond to of 36161
 
Hi Frank,

Based on the chart (only). U probably made a very good buy. IMO only stockcharts.com[PA][DA][F!3!!]&pref=G

Peering @ da chart... (condensed version ie: Readers digest). The probabilities of the chart action suggest that a bounce off the 21 day ema @ $2.69 is in order (give or take 3% ---> gotta cover myself ya know <g>)

If that fails, then just under $2.51 a stop loss (mental if u r able to monitor the market on a daily basis; again depends on yur trading style(all depends on your risk profile.... FWIW) may be prudent.

Personally, I think u have made a great trade & <shouting> YA BEAT ME TO IT <g>

Regards,
Peter