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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (8610)	6/17/2005 12:03:49 AM
From: Ken W	Respond to of 23958

Ray Short term tops are more defined for me than bottoms. Individual time horizons are what makes them harder to desern. Historically, this stock takes about a month to reach its maximum overbought to oversold and visa versa. For those with a trading mentality 1.10 would be the resistance line if they entered the stock at horizontal support at .95...that looks to be where the most action has been over the past 4 or 5 days. For those willing to wait the extra few days (first part of July) then 1.20 would be the next level in antcipation of the news regarding NEC...that would be at just about a month out. Of course if the NEC news is delirously good then 1.30ish would not be out of the question since that is where it was at before the air was let out due to delay of the annoncement earlier. Ken