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

To: MMK who wrote (28615)4/18/1999 10:23:00 PM
From: Doug R  Respond to of 79444
 
MMK,

SHG should give you time to take profit at higher prices. Don't get too greedy though. After all, it is a cat and they have a tendency to take back what the technical pop gives.

Doug R



To: MMK who wrote (28615)4/18/1999 10:25:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79444
 
MMK

SHG was a PEGDCB play. A "cat bounce". I believe most of the 56ers are out or thinking of getting out by now. These are short term plays geared toward the 8-15% gainer. I took a bit more than that and was happy with it on Thursday. Wish I had not seen what it did Friday ;0)

Short term CCI 13 is ob so I would expect it to find a short term top soon.

ht
david


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