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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (7132)3/29/2005 6:41:22 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Jill,

I think PD is very close to a bottom based on the L/R channels as well as the position of the stochastic lines but there is no indication that it is a buy just yet. Also William’s %R show me that the bottom is near.

139.142.147.218

The general trend is up so a bottom at 92-93 is more likely than a bottom at 90.

In the following chart you can see the lower trend line and probable reversal point.

themarketwind.com

Reid



To: Jill who wrote (7132)3/30/2005 2:55:07 AM
From: Walkingshadow  Respond to of 8752
 
You gotta love them mo-mo feeding frenzies!

I was in at about 14, so I think I'm up about 125% or something on what's left of that position after taking partial profits along the way.... I might take all the starting capital and some of the profits off the table completely, and just leave the rest of the profits there and forget about it. Zero risk after that.

Wish they were all like that!

;-)

T