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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (3389)12/14/1997 9:01:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 7396
 
Mark, thanx for looking into MAVK. Can I ask you one more question re your analysis...

Top of Head reading at 50...Subtract 15 from neckline, potential
downside is 20.00 a share


Why do you subtract 15? Is that arbitrary? Or is it a percentage? Just wondering where you came with the "15" from.. i.e. why not 14 or 12 or whatnot. Thanks

-Mark