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PowerPole

08/02/05 11:15 AM

#13509 RE: fashionman #13508

fashionman--the way I calculate possible yields...

On a chart pattern is: on the double bottom on the ten day/hourly chart for CPTCQ, the second low was set at 2.15 and the neckline(or point #2) of a "W" was at 2.45

The difference is .30 So I add .30 to 2.45 and came up with 2.75 (not 2.80) So it exceeded my expectations by .05 but I was exiting my daytrade as it approached 2.75 so it's easier to get out with limit orders at the ask...I bought at the open today when it broke above 2.55...

Good Luck To ALL ;^)