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

To: HeyRainier who wrote (970)	5/26/1998 12:18:00 AM
From: ftth	Read Replies (1) \| Respond to of 1720

Just curious, say it doesn't drop to the 50 day, has a strong rally day, and is trading at say $17 intraday on high volume. Would you still wait for a CLOSE above $16.25, or in that case would you open a position intraday? Or do you consider entry at the 50 day as the only acceptable entry point based on your desired risk/reward? or, scenario 2: say you open a position at the 50 day. Do you then add to the position once you see a strong move through $16.25? dh