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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: JKraft who wrote (7060)11/4/1997 3:30:00 AM
From: Doug R  Read Replies (1) | Respond to of 79352
 
Joanie,

The retest looks like a done deal to me (do you mean you actually sold a POW? >>gg<<). SEEQ only came back to 3 3/4 for about 5 minutes (obviously it was of the much shorter than a month variety). The volume here is what one can expect on the follow through after a MIMBO retest. Anyplace soon is good for re-entry. This is not a time to be quibbling over 1/8's or 1/4's. Set a reasonable target to sell and wait for it. There's no reason to shoot for the top. A decent % return is all that should be targetted. Say, 80% from here or something like that. Have fun, but don't have too much fun on the SEEQ thread. They may get nervous if there's too much excitement about "their" stock.

Doug R