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Re: Shab post# 13439

Monday, 07/10/2006 10:15:12 AM

Monday, July 10, 2006 10:15:12 AM

Post# of 115222
Shab: #1 is my favorite; a breakout of this type is is a virtual lock. #2 low volume is a two-edged sword. Low volume results in poor liquidity and thus poor spreads. This inhibits accumulation. #3 this is also a two-edged sword. #4 one needs to be wary of trying to hit tops or bottoms. LOY can go even lower and often does.

Remember, just because it is posted doesn't make it so.

"When in doubt, empty the clip."