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


To: Dave H who wrote (18926)6/29/1998 9:02:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79378
 
Dave,

Hey, dude.
WDC, of course, is also a quasi-cat, currently "enjoying" the run-up associated with such. I don't know if the theory holds, but Doug's idea with exits on felines is to sell (one tick below?) the break in the intraday uptrend. From experience, I know it's mega-worthwhile to pay attention to it there, so maybe here as well.
You know me and my charting capacities: But I see that if it breaks 11 or so today (OK, maybe slightly above), it's an "ER"-style croaker?
"I'm calling death at 10.875. Cut off life-support and close this kitten up for the bounce."

Ivan