----- Original Message -----
Sent: Wednesday, July 10, 2002 5:30
PM
Subject: Re: [sharechat] CLI / trading
ranges/ market situation
Morgy
I have sent a very long reply to you personally.
Trust that is OK
Andrew
----- Original Message -----
Sent: Wednesday, July 10, 2002 2:52
PM
Subject: [sharechat] CLI / trading
ranges/ market situation
Andrew
For a short term trader
going back to 97 seems a like a long timeframe?. I am interested though in
how you have made money on this stock in the current downtrend, is their
enough margin to warrant a channel trade or are you buying on the break back
towards the trend lines or thirdly are you shorting this stock
?.
Would be most
interested in your comments as I think given the current ASX market there
will be alot of this type of chart in the short term trading situation. I
have been visually going through ASX 500 charts to get a feel for where they
are and a great percentage have fallen into a trading range which given
the current situation would seem reasonable, would you concur with this and
where do you see the short term trader such as yourself making money at the
moment?.
Regards
Morgy
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