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--- In realtraders@xxxx, "Haytham Albizem" <H.Albizem@xxxx> wrote:
5/22/2001
> 1.The general rule: "YOU CAN USUALLY BREAK THE IMMEDIATE PRECEDING
LOW,BUT YOU WILL NOT BREAK THE SECOND PRECEDING LOW BACK IF THE TREND
IS LEGITIMATELY UP"(not meant as shouting but for emphasis).
>
> 2. Watch for head and shoulder pattern if reversal occur to define
your entry for your short position or closing the long.
>
> 3. Remember 5/23/2001 still falls within 1 trading day of 5/22/2001.
>
> 4. I still favor continuation of the trend up and tomorrow will be
another trading range day based on last NASDAQ behavior on 5/17/2001
and 5/18/2001.
>
>
> Happy trading :-)
>
>
> Haytham
5/23/2001 11:30 am
I have exited my long positions.
Haytham
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