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To: hotlinktuna who wrote (166104)10/5/2007 4:17:39 PM
From: ACAN  Read Replies (1) | Respond to of 208838
 
Have a good one, one and all , and to all a good night. Was that Santa Claus or Edgar R Murrow?



To: hotlinktuna who wrote (166104)10/5/2007 4:21:41 PM
From: Blue h2o  Read Replies (1) | Respond to of 208838
 
Glad you had a good week. This has been a good one for me as will.

I should have mentioned ZHNP weeks ago. I bought in the mid $9 and doubled down at $11 today. With the volume I thought I better mention it.

Have a good weekend.

kurt



To: hotlinktuna who wrote (166104)10/7/2007 8:12:42 PM
From: lexi2004  Read Replies (1) | Respond to of 208838
 
Tuna,

Know you like to play the rocket type stocks. I was reading this on TLs and thought it might be interesting to you. Of course you might already know it and I'm just learning it.:)

Trendlines speak volumes when they are violated, because the breaks signal major changes in the trend’s direction. A break below an advancing trendline is bearish or negative, while a break above a declining trendline is bullish. It is also important to realize that

the greater the slope of a given trendline, the less meaningful its break is on the downside. If you have a very steep advancing trendline slope, a break below that trendline may mean a stock is going to move up at a slower rate of advance. It does not usually mean the stock has stopped advancing. This is usually due to the fact that the stock’s prior rate of advance was simply not sustainable and needs to gather momentum to move again.

Conversely, the greater the slope of a down trendline, the less meaningful its break is when it moves to the upside. If you have a steep declining trendline slope, a break above the trendline may mean that a stock may move down at a lower rate of decline, but this does not usually indicate that it has stopped declining. The stock's prior rate of decline was simply not sustainable.

trading-stocks.netfirms.com