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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (55958)	11/3/2002 6:34:39 PM
From: RR	Respond to of 65232

Hello Troops! Hey, check this money maker out. Nothing fancy. Nothing elaborate. Just following a slow moving ole turtle telephone company stock. I mentioned Verizon on here awhile back. I want you to look at its chart. Pull up a 30 min chart with MACD and Stochastic and look at the last couple of weeks. Well, the pattern I'm referencing actually goes back further, but let's just look back to the 16th or so. Sit back in your chair, start on Oct 16, and pretend you bought a 1000 shares and sold that 1000 shares when the ole MACD/Stoch indicated to do so on the chart, up through last Friday, Nov 1. The pattern has one of the best I've seen recently for doing so. It almost was a no-brainer. Like I say, nothing fancy, just execute when the little ole lines said to. Duck soup. The result? 6 trades, for about 12.85 points. Bought 2000 shares instead, over 25K profit. Just food for thought. Sometimes homework pays off to find a nice pattern like that. Ya'll been doing your homework today getting ready for this week? Wonder what will happen with the MSFT mews? Gap up? Sell the news? Well scratch my head. Bring it on! RR