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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (166)	10/24/2004 8:21:10 PM
From: chowder	Read Replies (3) \| Respond to of 13449

Snow, I'm getting conflicting signals from my indicators. Some of my indicators are suggesting TMR will pull back for a day or two. I see resistance around 8.70 to 8.80 where we had a falling window, or gap down in price back on 10/5. I don't see where we have enough buying volume to break through the above price range yet. It could happen on Monday or Tuesday and I'd look out for that. Otherwise, I'd take some profits off the table and look to re-establish a position on the next pull back, preferably off a 3-5 day reversal set up off the 50 day moving average again. Money flows need to improve as well. The Chaikin Money Flow(CMF)indicator is still in a range that shows more than normal profit taking into rallies. stockcharts.com[h,a]daclyiay[d20040524,20041024][pb50!b20!f][vc60][iut!Lc20!Lg]&pref=G dabum