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From:list@worldwidetraders.com
To:dtusa@nova.sparklist.com
Subject:DayTradersUSA eGoose Market Call Tuesday
Cc:
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Date:Tue, 5 Jun 2001 06:07:35 -0700 (PDT)

eGoose Market Call for members... Click below link to view today's chart:
http://www.worldwidetraders.com/eGoose20010605.pdf

PRSE: Precise Software Solutions was in the process of making a large
double top on the daily, right at $25 resistance. The 200-day MA also
provided a wall of resistance at this precise level. Huge volume on 5/21
- 5/23 was also unable to break through. It fell hard for three days
before finding support at the convergence of it s50- and 100-day MAs. It
rallied two days with the broader markets, and closed with a bearish
piercing pattern (gapped up and closed more than 50% below the mid-point
of prior day's real body). This lower high also corresponded with the
declining 10- and 20-day MA and the sideways 200-period MA on the above
60-min chart. MACD Histrogram, OBV, and RSI are turning down. Consider
SHORTING PRSE once it trades at 22.29. Suggested target is 19.10.
Suggested stop is 22.67.

To view the chart for today's selection, click:
http://www.worldwidetraders.com/eGoose20010605.pdf. Make sure you review
the eGoose Gap Rules on how to play suggested trades, which may be found
following today's chart on the link above.

For a FREE two-week trial of the eGoose Live Trading Room and
Swing Advisory Letter, click:
http://www.egoose.com/swing_trading.asp?assoc=yes

To review prior eGoose picks for DayTradersUSA, visit:
http://www.worldwidetraders.com/marketcallpublic.htm

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