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


To: Galirayo who wrote (11999)9/21/2005 5:10:19 PM
From: Magnatizer  Read Replies (1) | Respond to of 23958
 
Ray

Mid point of last weeks big down bar is key here, IMO.

It looks to be holding resistance. Not much V here either. I will up my stop soon if it does not get north of 12. In this one I was hoping for lower 10s to gain reentry of trading shares. The others are, hopefully, longer term. I will not hesitate to up stops here though as the market certainly is building a wall of worry which may be too tall for the bulls.

I am a buyer on break and hold above 12. Current stop stays but moves to upper 9s if we do not run by weeks end.

ht
Mag