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[Previous entry: "HCR—a two day trade for .71"] [Main Index] [Next entry: "ASD Locking in some gains"]
01/10/2004 Archived Entry: "NEM--the importance of the 3x3"
click here for NEM chart
1/9 ProfitPoint subscribers received NEM chart 12/18. Entered long 12/26 @ $47.00 when it crossed 3x3 on daily and broke previous days high. It resisted at first profitpoint of $50.00 on 1/5 and we exited 1/6 EOD on cross down of 3x3 on daily chart @ $48.87 for a profit of $1.87 (check out how Mojo, a ProfitPoint subscriber, traded NEM for an example of excellent money management and exit strategy).
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