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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (2137)	11/5/1998 11:08:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 43080

IOM up again! Now if you had bought it at 3 a month ago you would be up 200%. rofl.. Still more to go? cant belive it went up so much just cause SYQT went belly up. >> Based on last night's chart, which now has X's up to the $8 box, the vertical count goes like this (are you listening East Pole?): 4 boxes from 4-5 so: 4boxes x 3 box reversal x $.25 per box = $3 PLUS 6 boxes from 5.5-8 so: 6 x 3 x $.50 per box = $9 Therefore you get $3 + $9 + $3(where the last sell signal bottomed out) = A current(may change upward again today, I hope) Vertical count price objective of $15.00 for IOM.