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


To: Eric Maggard who wrote (20496)8/12/1998 12:28:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79270
 
Eric

If I were in CTYA I would be setting tight stops. It is above all magnets and trendlines and therefore should be considered high risk. No magnet signal near to give it a boost. Be careful with it. I am paper shorting it right now. Opened 1/3rd of a position today and will add to it once the top trendline (currently at 22.50) is broken and fails to be retested in 3 days I will open the rest of the short position (on paper)

Will cover if it bases and signals a new magnet overhead.

ht
david