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

To: Paul Kern who wrote (4321)	6/19/2005 7:24:39 PM
From: chowder	Read Replies (1) \| Respond to of 13449

And where is your stop? dabum

To: Paul Kern who wrote (4321)	6/19/2005 9:23:43 PM
From: chowder	Respond to of 13449

Paul, if price can come up to your entry, it would validate the set up. My only concern, if the trade triggers, is the price target. Take a look at a weekly chart and you will see a long topping tail which indicates plenty of supply willing to come to market when price gets close to $4.00. I would use a trailing stop in the event that supply continues to show its face. stockcharts.com[h,a]waclyiay[dd][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20!Ld5]&pref=G Other than that, you've got the concept down. dabum