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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (4254)12/19/1997 11:02:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
hi rainier...

hopefully everyone is out of the mkt.. this mkt can tear you apart. i hope everyone sees the power of TA and the importance of trading with the trend.. It was only 1 week ago that RADAF was in the 17-18 area. now it is at 13 3/4..

hang tight. i haven't looked at where are next naz support levels are.. i heard 1440.. djia should go to 7500 (200 day ema)



To: HeyRainier who wrote (4254)12/19/1997 11:44:00 PM
From: freelyhovering  Respond to of 42787
 
Rainier--Thanks for your input. I decided not to chase RADAF down, but did hold from my purchase of 15 3/4. I may hold for some time for profit although it bounced well off its low today. I did buy some JBIL at 38+ late yesterday and watched it go down to 35. I could not pull the trigger to buy more, thinking like you suggested that I could really see a drop. Yet my gut suggested from the chart that it would head up again. It did by mid day and I waited until 39 1/4 and bought some more, sad but cautious about the profit I could have made. Some of the technicals look good here, such as 5 setting TSV and 13-5-7 stochastics. However, the 18 day TSV , BOP, and Moneystream are quite weak. I am playing a somewhat dangerous game here by trying to catch the bounce. If I don't I may be holding this long term also. I think RADAF and JBIL are very good long termers, BTW. What say you. Myron