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#1 hiker

hiker

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Posted 12 April 2007 - 11:42 AM

posted trade update # 1 a few days ago.

entered long on 3/14th as stated earlier. for the portion of the position that is "move in and out"..I continue to let the signals on shorter time frame charts dictate.

daily chart is shown below, and note as stated in update #1 the now broken downtrend line on the lifetime monthly resides below the PnF chart breakout $55.00 price of last week on the move above $55.00 (which was tested and held so far today)...which represented a move above multi-year horizontal price highs.

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Edited by hiker, 12 April 2007 - 11:44 AM.


#2 hiker

hiker

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Posted 12 April 2007 - 12:02 PM

represented a "closing-basis" move above multi-year highs is more precise ...correction to above