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To: jim_p who wrote (30200)2/24/2004 9:26:19 AM
From: Think4Yourself  Read Replies (1) | Respond to of 206089
 
Thanks for the quick response. I have my order in.



To: jim_p who wrote (30200)2/24/2004 9:56:31 AM
From: ItsAllCyclical  Read Replies (2) | Respond to of 206089
 
RRI was going to fall regardless of CPN since it broke 7 on a closing basis, but the news certainly accelerated the process. I show some support around 6.15 to 6.25, but I think it's more likely to bottom between 5.5 and 6.1 still. 200 ema/dma's between 6.2 and 6 right now trending up. If RRI does break 6 and market continues to sell off even low 5's/high 4's might be possible again.

Getting oversold on daily so a NT bounce is likely, but not playing it till it hits my targets or at least gets oversold on a weekly basis.

Still no position.