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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Mike Learner who wrote (3685)5/3/1999 8:34:00 AM
From: Dr. Stoxx  Respond to of 39683
 
Mike,

MCD long I would avoid, simply because the price has broken support and the trend is down. It could be setting up for a nice short, but the safer bet is to wait until either the trend reverses or a short is setup.

WFC I like better (as a high-risk short but potentially highly profitable) were it not for the fact that I am LONG from 42! I am bound to be stopped out soon (at 42.25), after which time, be my guest!!

TC.