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

To: chowder who wrote (11842)	4/4/2007 12:47:38 PM
From: whitepine	Read Replies (1) \| Respond to of 13449

Excellent trade on STR. Question: why didn't the buyers after March 6, buy when STR was tanking on March 1-5? Why were those who bought later to willing to buy when just a few days before, they were not?

To: chowder who wrote (11842)	4/26/2007 11:49:49 PM
From: chowder	Respond to of 13449

Re: STR ... STR is closing in on my second profit target of $19 per share. (This message is linked to the message showing where I took profits at the first profit target.) >>> Entry $83.50. Profit targets $8.00 - $19.00. Initial stop loss $78.00. <<< STR showed well above average volume today as price rose to new highs. If my second profit target is achieved in the next day or two, and volume is strong, I may let the trade run. Just wanted to give a heads up. I am moving the stop up to $91 from $86.