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BobsKC,
You may have received some input already since I am reading old emails (laptop was in for a tune up before the warrenty expires). First I have no fundamental clue on this company so below is purely techinical.
A 360 TD Gann box has done a fairly good job of finding support and resistance on this rise (currently near a 1 x 4 and consolidating while the stochastics have returned to an oversold position). Also the false bar (yellow bar) on the stochs are saying the move may not be over? Any interpretation is of course "market" dependent, considering we are in March and near the Spring Equinox.
Watch the 1 x 1 (red) line and look for it to give a clue perhaps (strong above and weak below). Grid shown is based on 360 TD, and the grid can expand (second gif). Should prices rise above this range the 29-30 area would be a target normally. If I had my choice the grid would be 360 CD vs TD but that is not possible with this software package :-(
Don Ewers-----Original Message----- From: BobsKC Sent: Mar 7, 2004 10:16 PM To: realtraders@xxxxxxxxxxxxxxx Subject: Re: [RT] Silence at RT Any opinions on PDLI? I'm in at $18.50 so I've got a nice profit but feel the chart looks good and the fundamentals do as well. Pretty high beta equity and since I watch the market during all trading hours, I can stop myself out at any time. Oh yeah, it's good to see the list active recently. Thanks to all who have helped rejuvenate RT.BobAt 10:38 PM 3/7/2004 -0500, you wrote:
Hi, In light of the activity since the post below, to paraphrase Mark Twain, the report of the demise of RealTraders was premature. It is good to know that RT remains alive and kicking. Tony
----- Original Message -----
From: Tony Pylypuk
To: RealTraders ; BobsKC
Sent: Saturday, February 28, 2004 9:00 PM
Subject: [RT] Silence at RT
Hi,
Can someone tell me what is happening to RealTraders?
I have not received messages from members of the group since the last post of 2004/02/25, which preceded my post of 2004/02/26.
While I am accustomed to having my opinions ignored, I do not understand the reason for silence. The best I can make of this silence is that the market is at a potential turning point but has not yet determined its direction, and that as a consequence, the gurus who contribute to RT are either biding their time or finding nothing in the market worth commenting upon.
In short, I would appreciate knowing why the tread has become bare.
Tony
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