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

To: Jane4IceCream who wrote (6676)	12/20/2005 3:05:55 PM
From: Chad Krogh	Read Replies (1) \| Respond to of 13449

Long WMB 24.12 Chad

To: Jane4IceCream who wrote (6676)	12/20/2005 5:49:22 PM
From: chowder	Respond to of 13449

Yes, the WMB trade triggered. A very nice looking pattern too, even though it pulled back in the last hour of trading. If WMB can trade above today's high tomorrow, it should have the strength to test the recent high and achieve the price target along the way. The initial stop should be kept in place and if tomorrow is an up day, I would then move my stop up to just under today's low. This was a 2-5 day trade set up. I will keep it that way and be sure to take some profits if the initial price target is hit. stockcharts.com[h,a]daclyiay[d20051019,20051220][pb50!b20][vc60][iut][J65075200,Y]&pref=G dabum