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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (17960)6/2/1998 9:54:00 AM
From: Ceez  Read Replies (1) | Respond to of 79243
 
Yeap, I agree I already dumped half of my position taking a loss. :-(
Just to be in the safe side. If the ask drops to 3.75 it's hasta la vista baby. I'll pick it up later in the high 2's.

OTC, what do you use for your magnets, Fibonacci??? Will you share it with us in L.A??? or is it proprietary stuff.

Ceez



To: Magnatizer who wrote (17960)6/2/1998 10:09:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79243
 
David:

I'd be super-interested to know if you've worked on magnets for the big boys: I'm thinking in particular of INTC and DELL.
NSCP is giving this one last opportunity to short. Up $.25, but on 20% less volume (projected--which has thus far been accurate); this one's been falling in a direct inverse proportion to volume, which is normal in an overbought stock. The moment price goes down on higher volume, then it's time to back up ... no, wouldn't it be "slam the truck in gear"? I'd figure "The Man Who Loves to Hate" could work out the phraseology on that one.
Shorting is American, not anti-American!

Ivan

PS: The cat plays continue not to work. Don't mean to be felinocentric, but by O'Neill's maxim--If your tried and true methods aren't working, maybe the market's wrong--I'm staying out of long positions. The catplays, before this slump, were the most dead-on technical play I've ever seen.