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

To: Gene S who wrote (29651)5/18/1999 1:31:00 AM
From: Doug R  Read Replies (1) | Respond to of 79395
 
Gene,

LOCK, being the speculative play that it is, may haul off and triple or it may gap 1/2 point and sell off. The only defense on it is to have bought enough shares as to cover any contingency.
Defense is paramount when it comes to trading speculative issues.
I expect it to gap up again. From there, it's a volume & bid/ask animal.
Follow it closely. I'll be doing the same and you know where to find me in real time.

Doug R



To: Gene S who wrote (29651)5/18/1999 3:44:00 AM
From: Warthog  Read Replies (1) | Respond to of 79395
 
Gene,

I looked at WOSI over the weekend and I didn't think it was on
the verge of a BO. However, I did notice that it might be a
trading type stock. Over the past month, one might have been
able to buy at 2 7/8 and sell at 3 1/8... 6 times. will history
repeat?? I don't know.

Additionally, there was a shark fin pattern which completed on the
10th. the top of the fin is at 3 3/16...so it should close above
that for a run.

wart



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