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Re: [dlevels] IWOV



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Wow! Have a great vacation!

-Neal.

At 01:26 AM 1/30/2001 -0800, you wrote:
>Here's a short term trade I did on IWOV.  Volatile hardly describes this
>stock.
>
>Big RRT LAL on hourly chart on morning of 1/23 (earnings released
>pre-market, but conference call wasn't till late afternoon).  I started
>nibbling around 26 after it appeared that .682 retracement of 1/5-1/17 swing
>was holding (see 120 min chart), then backed up the truck when hourly RRT
>LAL showed up.  Exited on the OP, but it looks like it will hit the XOP at
>38 soon, but way outside of my trading timeframe.  37 is also a .382
>resistance retracement on weekly charts.
>
>Phew. Off to Hong Kong for a vacation after that trade.
>
>-Ken
>
>
>
>
>
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>
>
>

---
DiNapoli Fibonacci techniques -
http://www.fibtrader.com




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