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MAMA


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#1 hiker

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Posted 20 December 2006 - 04:10 PM

first posted here today ...

http://www.traders-t...showtopic=64190

note the backtest of $6.05 area on the intraday today....

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Edited by hiker, 20 December 2006 - 04:12 PM.


#2 hiker

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Posted 20 December 2006 - 05:22 PM

a potential sympathy play in a similar space with MAMA

SOFO up 6% today to new highs -

http://stockcharts.c...llery.html?sofo

SOFO may have reached upside target when looking at the multi-year chart...targets above 1st target is another matter and anyone's guess...

Edited by hiker, 20 December 2006 - 05:30 PM.


#3 hiker

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Posted 21 December 2006 - 10:15 AM

12/20 closing basis update of PnF chart...

one strategy for staying long and not getting washed out early in this advance is to monitor the 5 ma vs. the 20 ma on the 60 minute...I am using many tools, and this is one of them...also ditto on the 13 minute.

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Edited by hiker, 21 December 2006 - 10:16 AM.