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Haytham,
What is your thought process??
Dan
H.Albizem@xxxxxxxxxxxxxxxx wrote:
> --- In realtraders@xxxx, H.Albizem@xxxx wrote:
> >
> >
> >
> > --- 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
>
> 5/23/2001
>
> short position opened JNPR @ 54.98
>
> Haytham
>
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