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

To: tonywyatt who wrote (1130)	12/15/2004 11:59:00 AM
From: chowder	Respond to of 13449

Tony, Here is the official explanation of the 3-5 bar drop. Message 20766476 RRC had a different type of buy setup. It was a price support pattern as $18.00 was a major level of support. That's where RRC turned around. stockcharts.com[h,a]daclyiay[d20040915,20041215][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G I don't have a scan for price support levels. I wouldn't know how to write one. Price support levels are your best indicators and I suppose you just have to luck up on them. You have to have a watchlist and monitor it daily, patiently looking for price support levels and wait for the setup. dabum