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To: Robert Scott who wrote (519)4/12/1999 8:48:00 PM
From: Jon Ditter  Respond to of 912
 
Robert...what Patch was referring to is that he could have made $58,000.00 if he only would have stayed in. A simple lesson for all who try to day trade.

Good luck for all of you who are long...This one will make us all rich!



To: Robert Scott who wrote (519)4/12/1999 8:52:00 PM
From: Herc  Read Replies (1) | Respond to of 912
 
Now let's see. It's a bull gets slaughtered, a bear gets slaughtered, but a pig makes money...at least as it applies to PCNTF over the last 3 trading days. A near double.
The last big advances, 15 pts on 3/9 & 3/10, had a 43% retrenchment. Then, 10 pts on 3/31, had a 75% retrenchment.
A 43% pullback (from today's high) would put us at 77.50 and a 75% pullback would put us at 61.50.


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