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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: coferspeculator who wrote (145)	6/21/2004 8:56:57 AM
From: snoot	Read Replies (1) \| Respond to of 14340

good morning!!!!!!!!!! when Mr.C puts up a stock to watch i at first dint look at his comments and go directly to the charts , first the daily chart to see what the stock looks like in real time. then to the pand f . after that i go to propet.net where i am able to look at the sector this stock is in and compare the stock to others in the sector and to the sand p 500. I do come to somewhat the same conclusion , although not as eloquent :.) the problem for me now and in the future will be spotting these hidden gems on my own in real time. I guess its just having a lg watch list and keeping an eye on the list . do you use any type of scan or just look at your list . I guess if you have 400 stocks to look at ,,, something must be springing or thrusting or??? tim

To: coferspeculator who wrote (145)	6/22/2004 9:06:45 AM
From: coferspeculator	Read Replies (1) \| Respond to of 14340

Watch List Stocks-Activity for June 21 This is one of several stocks mentioned on Todays Watch List PD-After an ending action in early March, PD broke through the ice in mid-April and backed up to the ice at $76. The target to the downside from the highs (the most conservative count) was $60. In May there appeared an ending action (SC) after potential a PSY showed earlier. A test of the SC occurred several days later which resulted in the breaking of the short term supply line. In the past two days, PD has traded higher on increased spread with higher volume, breaking the intermediate term supply line during the day. There is a count from the LPS across to the PSY that offers a conservative target of $76 and a count from the line of $82. The $76 target brings PD back to the ice level. The character of the action at this level needs to be observed. There remains a lower target from the old LPSY of $46. While the action over the past several weeks has been bullish, it is important to recognize that this level could offer significant resistance. Trades that were put on at the recent spring position have reached our short term targets and need to be carefully monitored at this time. Rejection at the former support and now resistance ice level suggests exiting at least a portion of the short term trade.