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Re: stocktrader1 post# 2985

Friday, 06/10/2005 1:37:49 PM

Friday, June 10, 2005 1:37:49 PM

Post# of 44374
Very weak trading this AM. strong trade size at 3 dollar level. Volume picking up and I agree with Tech. Was a mini retrace which should turn back up this afternoon!

Todays weakness worried me about my chosen top channel target. I lowering my profit target down to 15% from 20%. That would make it just around the previous support level, before the drop. Makes sense, I just wanted to see a better come back. But mide may be correct about the lower of the 2 channels being the one we see.

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