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To: Tom Trader who wrote (8237)11/10/1998 11:27:00 AM
From: SE  Respond to of 44573
 
At this point I am standing back and waiting. I have four price triggers set and am going to get some work done. My machine will beep me if it is time to look at something. The two near triggers are 1138 and 1131.50, FWIW....



To: Tom Trader who wrote (8237)11/10/1998 11:41:00 AM
From: SE  Respond to of 44573
 
It seems to be doing what it did when it hit 1090 a couple week's back. It pulled back to 1070 and played around there a bit before moving higher. Now it hit the 1150 range and pulled back to 1130 and is playing around. If that is correct, I think 1180 is in the cards.

Interesting thought anyway....

Just noticed...we had a triple-ma-jig occur at 1131.00. This usually precedes a 10 point price move to the up-side.



To: Tom Trader who wrote (8237)11/10/1998 11:58:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Very likely we are topping out here at 36.00. I have a bearish MACD divergence and the TICK is not confirming price movement. If the TICK does not get moving to the plus side in a hurry, say +200 or greater, I think we are heading back down now.