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Author: RayRohn Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 211  
Subject: Re: VLO Date: 9/20/2006 11:24 PM
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I am still in down almost 7%

This is why I like to check the weekly charts to see what the longer term sentiment is

interesting term sentiment not sure I know what u mean...

Weekly chart ::: http://www.rayrohn.com/images/pcharts6/vlo04.png

I put in support line which are in my opinion lol

Where do u see support on the weekly chart???

BTW, what kind of money management rules do you follow when putting on a trade?

well I not one of these robots that sell if as soon as it hit x%..
I generally start a position with a few shares and if the plan turn sour and the chart show no alternative then sell the suck and forget it...

VLO is close but nothing goes straight down and VLO has loss 20 points in this move down that close to 30%...

capitulation in the form of a long black candle followed by a doji

you mean a Tweezer Bottom???

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