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

To: LastShadow who wrote (8176)	2/9/1999 4:42:00 PM
From: AlienTech	Read Replies (3) \| Respond to of 43080

>>You can't necessarily go by those resistance levels. You have to go by the Value Weighted Average price (VWAP) - that is, the collective price-volume of the stock against the accumulation/distribution trend. << Ah so what you are saying is I am up the creek and the paddle broke. I am still holding LCOS for some strange reason. RTIII dont have stop loss and being down 10 points is well how much lower could it go? another 40-50 points?

To: LastShadow who wrote (8176)	2/9/1999 5:24:00 PM
From: Dave Shares	Respond to of 43080

IPIC I have this in my closet from a while back. Bought at 4 1/4. Wasn't well timed as it went below 3 after that but it was a small position, so I held. What is the net saying. when I looked at the chart last week (before it broke 5 to the downside), it was looking a lot like last March when it soared. David