Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (6933)	2/17/2004 11:50:31 AM
From: SouthFloridaGuy	Respond to of 19256

WBR. One of the best charts around. It's right at support here. Can't tell you which way it'll break, but I can tell you that the MM's have been on the bid all day long accumulating. There is a rising trendline with 1.11 support, which is today's low. The stock has had a 3 week consolidation while maintaining a positive trend off a huge flag pole. The risk/reward here is good. I would put a stop at 1.09, two cents max pain, I like the odds. As a reminder I am not a day-trader, I play for $, not pennies, which makes the 2 cent margin of error even more appealing.