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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (1787)3/16/1998 2:17:00 PM
From: Magnatizer  Respond to of 29382
 
max90

You have found yourself a beautiful breakout of an inverted head and shoulders. Look at the chart going back to beginning OCT 97 now do a handstand or simply turn your monitor upside down. what does that formation look like to you? You found it very early in the breakout. IMO it looks like a good buy today. I will look at it further tonight to make sure.

BTW if you did the handstand or turned your monitor upside down you may want to consider buying mutual funds. hehehehehe

happy trades
David



To: LTK007 who wrote (1787)3/16/1998 2:27:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
OK back to upright. Hope the blood rushing to your head did not make you dizzy. <VBG>

VRTY

Looks to be setting up a MIMBO. this would be very good. They take a while to develop so no rush here. I will dig in tonight

2 winners out of 5 trades with zero losses is not to bad there big boy. You would do yourself a favor IMO if you learned some basic TA. At least enough to recognize basic chart formations. The MIMBO is not a basic and you will not find it in any book. It is the brainchild of Doug R of 56 point TA fame. The Inverted Head and Shoulder is a basic however.

Keep on bringing these babys home
David



To: LTK007 who wrote (1787)3/16/1998 3:05:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
max90

watch ABIIB. Slipped back into gap. may well fill gap before advancing. could be a real nice entry after fill

David