AI
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| Alias Born | 07/15/2002 |
Thursday, July 24, 2003 10:21:29 PM
Kastel, just be careful with the SAR indicator-- Jeff (Mr. AV/DB) has a term called pierce and sucker ... you'll be suckered into selling (if the bottom is taken out) if you disregard the OBV-- a piercing with a rising OBV is a screaming buying opp -- vice versa of course.
About the DROOY chart-- everything that's bad about this stock was already factored in since last April-- don't forget that stocks look ahead about 6 months into the future. Odly enuff, the futures market is about the present day supply/demand issues and not about tomorrow.
ha ha ha...
About Thunder-- I kept hearing that stupid AC/DC song in my head whenever I watched it trade-- it had to go. And besides, the next time I buy it; it'll be for more money than I sold it because it'll already be entrenched in an upward secular trend.
Check this out -- simple yet effective T/A
About the DROOY chart-- everything that's bad about this stock was already factored in since last April-- don't forget that stocks look ahead about 6 months into the future. Odly enuff, the futures market is about the present day supply/demand issues and not about tomorrow.
ha ha ha...
About Thunder-- I kept hearing that stupid AC/DC song in my head whenever I watched it trade-- it had to go. And besides, the next time I buy it; it'll be for more money than I sold it because it'll already be entrenched in an upward secular trend.
Check this out -- simple yet effective T/A
FP........................................................
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