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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (13118)	4/4/2002 5:43:23 PM
From: chowder	Read Replies (1) \| Respond to of 23153

The day before yesterday, I mentioned we might expect to see the retail sector bounce in a day or two as it was coming up on a level of support. Yesterday it hit that support level and today it bounced. It's already up 20 points off it's low from yesterday. This doesn't mean the retail sector won't retest that support level or even fall further, it means that when looking for short term opportunities, look for points where the players are expected to show. stockcharts.com[h,a]daclynay[pb10!b50!b200!f][iut!Lh14,3]&pref=G The day before yesterday, only CC was showing positive. Today the retail sector was one of the best performers. This large group of retailers was up 2.2% as a group. Pretty impressive if you ask me, and the timing was impeccable as well. siliconinvestor.com Searching for an entry point on a stock is very similar to a quarterback searching for a receiver. The quarterback doesn't chase the receiver, the quarterback anticipates a point where the receiver and the ball should meet and that's where he throws the ball. This quarterback has learned from experience that the receiver likes to run to points of support or resistance. That's where the odds are greatest that a reception will be made. Hup one, hup two! dabum