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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (15)5/11/2005 4:01:14 PM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
I think this is a great buying opportunity....

RSTG has formed a reversal candle today on good volume at chart support. There are early buy signals in Williams:

139.142.147.218

Note the BB contraction in this chart....A strong move to the upper BB rail is likely IMHO.

Because the chart support is fairly solid, I think the downside risk with RSTG is reasonable, and favors a long position here even though the technical evidence is fairly minimal so far.

T