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

To: Dr. Stoxx who wrote (3735)5/5/1999 3:01:00 PM
From: Mike Learner  Respond to of 39683
 
Tom, I think that I am making a mistake on the WFC! I need your confirmation, please. I know many banks are weak! Overseas, the banking sector lost good percentage on last session. However, It appears that WFC has been well positioned above 75 Stoch. level. It is not heading down. What do you read now? Should I exit my short position? Please comment.

timely.com

Sorry, if I caused you to exit this position!

Regards,

Mike



To: Dr. Stoxx who wrote (3735)5/5/1999 3:23:00 PM
From: Bert Zed  Read Replies (2) | Respond to of 39683
 
TC,

I held off on diving back into Insignia. I wasn't confident that the support would hold. Assuming it will now decisively break below the 40 DMA, which may become the new resistance, what line do we now use as the new support ? Thanks.

bert.

INSGY:

timely.com


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