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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (825)4/28/1998 12:00:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ SNRS ]

I think it's a good idea to set multiple limits on SNRS now. One at 7.5, and one at 7.375. Downward velocity has pretty much flattened. I'm looking to see the momentum on an expanded smoothing period to register a trough with either today's or tomorrow's trading. There's also a cyclicality to the up days and down days that I'm interested in seeing continue.

Waiting and watching.

Rainier