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lowtrade

04/13/05 6:50 PM

#963 RE: Jack of All Trades #960

Jack
You just about matched my targets perfectly. Though I came to my conclusions in a completely differnt way.

Did change my profit sell target from 31 to 38.3 after finding a long pennant, lowered back to original 31 after todays 2nd down gap without covering. Feel the 38.3 is still there just to far out to wait for a swing play now.

Success!

william2112

04/13/05 6:51 PM

#964 RE: Jack of All Trades #960

Mr trades,

perfect answer, and i thank you--i really enjoy using candles and bands--with regards to planning, everything was going as planned until around 3:30 yesterday.. as i didn't get the candle that would confirm my plan--what i saw as solid reinforcement on the 17th of march is now being tested, of which i am still fine with as of today(barely)--a small portion of what i hold is based on a .255 swing and being that i will not chase a loser..i wait it out till i get a confirm(lead into an exit) or the percentage is at point of clip--my initial entry(long) is in good shape--i would have to agree with another that posts on this board stating that exits are harder to see than entries, and as such, are you noting more weight to this style of charting with regards to said item --thanks again for sharing today--best of luck

in sincerity,

bill