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

To: kodiak_bull who wrote (17950)	12/2/2002 3:39:17 PM
From: Warpfactor	Read Replies (4) \| Respond to of 23153

More ROOM <<What if it has simply followed this rally up like every other stock and will collapse with all the rest?>> Is this statement not presumptuous? We do not know that a collapse is coming any time soon. This is a bias that can can muddle what should be a relatively simple process - ride a stock up on an uptrend (or downtrend), stop out if pattern breaks and live to play another day. IMO. <<I don't believe you can, at this time make a target price for ROOM on any technical basis.>> The technique that I've studied would have you get out (or sell half and let the other half ride) at a predefined target. I asked you (or other) what you've read in textbooks regarding channel breakouts.