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To: pbull who wrote (10910)7/8/2003 1:37:42 AM
From: D.B. Cooper  Read Replies (1) | Respond to of 13815
 
ok go back nine months

gee that puts us in oct 2002. that should have been the low.

We got way to many gaps in these stocks. Just a quick look at the NAZ COMP I can see two at around 1685 and 1648. Further back 1279 to 1290 1253 to 1263 1221 to 1259

If we run up to say 1825 a 38.2 retracement takes us to 1606 which is big support. If we go farther 50% to 1539 another support level.

Lots of these stocks we bought in Oct or March huge advances. Why wouldn't we protect ourselves? Buy low sell high right?

I really don't care if I see the last couple of points in this rally. We are not that good of traders.

Good Luck
Don