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denmo83

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denmo83

Re: denmo83 post# 4170

Sunday, 12/14/2003 7:11:31 PM

Sunday, December 14, 2003 7:11:31 PM

Post# of 12022
Strategy...

Still holding the longs from Dec.9th when the 60 minute had positive divergence.

"Good enough for a nice pop" is now an understatement!

Friday showed slight negative divergence on the 30 minute but the 60 minute looked ok so I held my long position.

There may be a surge of profit taking after this pop, then later in the week, higher prices with a lower MACD on the 60 minute. That's when I plan to pull the plug on my longs. The denmo6/daily remains on the buy signal that was generated the day after Thanksgiving.


http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695

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